Buy Dhaniya Oct @ 16100 SL 15900 TGT 16400-16600. NCDEX - Kedia Advisory
Jeera
BUY JEERA SEP @ 20500 SL 20200 TGT 20800-21000. NCDEX
Observations
Jeera trading range for the day is 20470-21190.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected, accelerating the delivery timeline.
Large industrial spice grinders are staying away from bulk purchases, waiting for the market to bottom out.
In Unjha, a major spot market, the price ended at 20590.85 Rupees dropped by -0.32 percent.
Dhaniya
BUY DHANIYA OCT @ 16100 SL 15900 TGT 16400-16600. NCDEX
Observations
Dhaniya trading range for the day is 16082-16762.
Dhaniya dropped on profit booking and a lack of robust buying interest in the physical markets.
2026 output estimated at just 9.5–9.7 million bags, down from 11 million last year.
Carryover stocks have plummeted to 20–25 lakh bags, a significant drop from the 35–36 lakh bags held in 2025.
In Gondal, a major spot market, the price ended at 15915.4 Rupees dropped by -0.38 percent.
Turmeric
BUY TURMERIC OCT @ 19200 SL 19000 TGT 19500-19700. NCDEX
Observations
Turmeric trading range for the day is 18378-21258.
Turmeric dropped on profit booking as revival of monsoon activity eased dry-weather fears.
Filling up of key reservoirs in Telangana and Andhra Pradesh ensured reliable water supply for the vegetative phase, dampening crop failure speculation.
Tighter European Union regulations on Maximum Residue Limits (MRLs) led to rejections of non-IPM compliant lots, discounting commercial-grade turmeric prices.
In Nizamabad, a major spot market, the price ended at 19957.4 Rupees dropped by -2.48 percent.
