IGI Logo

JEERA

Observation

Jeera trading range for the day is 25440-26380.

Jeera settled flat amid robust domestic and export demand besides tight global supplies.

Farmers holding back their stocks on expectation of better prices too bolstered prices.

Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.

In Unjha, a major spot market, the price ended at 25740.55 Rupees dropped by -0.19 percent.

BUY JEERA OCT @ 25800 SL 25400 TGT 26200-26500. NCDEX

DHANIYA

Observation

Dhaniya trading range for the day is 7178-7342.

Dhaniya dropped on profit booking due to good arrivals in major markets.

Daily arrival of 40000 bags witnessed in Ramganj mandi and around 20000 to 30000 bags coming in Kota.

Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation

In Gondal, a major spot market, the price ended at 7169.5 Rupees dropped by -0.33 percent.

BUY DHANIYA OCT @ 7200 SL 7100 TGT 7300-7400. NCDEX

TURMERIC

Observation

Turmeric trading range for the day is 14238-14858.

Turmeric gains amid tighter supplies in the market and emerging buying from stockists.

Some support also seen as farmers are holding back stocks in anticipation of a further rise.

However upside seen limited amid news of increased sowing.

In Nizamabad, a major spot market, the price ended at 14484.15 Rupees gained by 0.84 percent.

BUY TURMERIC OCT @ 14400 SL 14100 TGT 14800-15000. NCDEX