Buy Dhaniya Sep @ 8450 SL 8350 TGT 8600-8700. NCDEX - Kedia Advisory
JEERA
BUY JEERA SEP @ 19300 SL 19000 TGT 19600-19800. NCDEX
Observations
Jeera trading range for the day is 19110-19670.
Jeera dropped due to weak domestic and export demand post retail season.
Jeera exports during Apr - June 2025, dropped by 19.57 percent at 59,247.76 tonnes as compared to g Apr - June 2024
GST council lowers GST rate to 5% which will support FMCG exports & domestic demand.
In Unjha, a major spot market, the price ended at 19698.3 Rupees dropped by -0.27 percent.
DHANIYA
BUY DHANIYA SEP @ 8450 SL 8350 TGT 8600-8700. NCDEX
Observations
Dhaniya trading range for the day is 7976-8836.
Dhaniya prices gained due to shortage of good quality stocks in the market.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags 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 7928.1 Rupees gained by 0.91 percent.
TURMERIC
BUY TURMERIC OCT @ 12100 SL 11900 TGT 12400-12600. NCDEX
Observations
Turmeric trading range for the day is 11816-12656.
Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.
However downside seen limited as recent rainfall has caused damage to standing turmeric crops in major growing regions.
IMD forecast of normal to below-normal rainfall in September in some parts of South India has raised concerns for turmeric growers.
In Nizamabad, a major spot market, the price ended at 13355.3 Rupees dropped by 0 percent.
