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Jeera

Observation

Jeera trading range for the day is 53300-61300.

Jeera prices dropped due to demand due to sluggish export demand.

Global demand of Indian jeera slumped as most of buyers preferred other destinations like Syria and Turkey

Export is likely to remain down in upcoming months as per the export seasonality.

In Unjha, a major spot market, the price ended at 58858.8 Rupees dropped by -0.55 percent.

BUY JEERA NOV @ 55200 SL 54600 TGT 56000-56500. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 6814-7090.

Dhaniya prices dropped amid huge stocks with farmers and stockists

However, downside seen limited amid increased festive buying along with robust export demand.

India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.

In Gondal, a major spot market, the price ended at 7071 Rupees gained by 0.1 percent. 

BUY DHANIYA OCT @ 6850 SL 6750 TGT 6950-7050. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 13722-15550.

Turmeric prices dropped amid improved crop condition due to favorable weather condition.

Crop condition is satisfactory and it will be ready for harvest ready for harvest during January to March.

Support is also evident for improved export opportunities.

In Nizamabad, a major spot market, the price ended at 13860.2 Rupees dropped by -0.37 percent. 

BUY TURMERIC DEC @ 13800 SL 13400 TGT 14300-14600. NCDEX