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Jeera

Observations

Jeera trading range for the day is 23880-24520.

Jeera prices gained as sowing has been delayed.

Higher day temperatures in the past few weeks has impacted the seeding of jeera and has also led to poor germination in various places.

In Gujarat, jeera sowing has taken place in only 57,915 hectares till November 25 during the rabi 2024-25 cropping season.

In Unjha, a major spot market, the price ended at 24580.25 Rupees dropped by -0.24 percent.

BUY JEERA JAN @ 24000 SL 23700 TGT 24300-24500. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 7786-8046.

Dhaniya prices gained driven by the opening of export markets

Sowing has been delayed due to excessive soil moisture, limiting future supply.

Lower carryover stocks at production centers further tighten the market.

In Gondal, a major spot market, the price ended at 7781.5 Rupees gained by 0.02 percent.

BUY DHANIYA JAN @ 7900 SL 7800 TGT 8000-8100. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 13696-14268.

Turmeric gains on strong buying activity amid reports of low supplies till the arrival of new crop.

However upside seen limited as turmeric crop is reported to be in good to excellent condition.

Although crop acreage has improved, delay in harvesting due to prolonged rains may impact the timelines of fresh supplies.

In Nizamabad, a major spot market, the price ended at 13791.85 Rupees gained by 0.16 percent.

BUY TURMERIC APR @ 13900 SL 13600 TGT 14200-14400. NCDEX