BUY DHANIYA JUN @ 7000 SL 6900 TGT 7100-7200. NCDEX - Kedia Advisory
JEERA
SELL JEERA JUN @ 20800 SL 21100 TGT 20500-20300. NCDEX
Observations
Jeera trading range for the day is 20280-21380.
Jeera dropped due to lower buying and weak export demand.
The current season is expected to have similar production levels as last year due to better crop conditions.
In Feb 2025 around 12,996.88 tonnes of jeera were exported as against 17,083.31 tonnes in Jan 2025 showing a drop of 23.92%.
In Unjha, a major spot market, the price ended at 21372.05 Rupees gained by 0.06 percent
DHANIYA
BUY DHANIYA JUN @ 7000 SL 6900 TGT 7100-7200. NCDEX
Observations
Dhaniya trading range for the day is 6956-7136.
Dhaniya prices dropped due to higher arrivals and limited demand.
Total coriander arrivals declined significantly to 34,400 bags as against 40,700 bags recorded in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7178 Rupees gained by 0.53 percent.
TURMERIC
SELL TURMERIC JUN @ 13900 SL 14100 TGT 13600-13400. NCDEX
Observations
Turmeric trading range for the day is 13554-14166.
Turmeric dropped due to increased arrivals and owing to weak export enquiries.
However downside seen limited amid persistent concerns about lower production estimates.
Yields expected 10–15% lower; Nanded region hit by crop rot and small rhizomes
In Nizamabad, a major spot market, the price ended at 14294.6 Rupees dropped by -0.65 percent.
