Buy Jeera Jul @ 19500 SL 19200 TGT 19800-20000. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUL @ 19500 SL 19200 TGT 19800-20000. NCDEX
Observations
Jeera trading range for the day is 19390-20050.
Jeera prices declined due to weak domestic and export demand post retail season.
Ample existing stock and comfortable supply are dampening price prospects.
Global supply disruptions haven't translated into higher Indian exports due to tepid demand.
In Unjha, a major spot market, the price ended at 20287.25 Rupees dropped by -0.78 percent.
Dhaniya
BUY DHANIYA JUL @ 7000 SL 6900 TGT 7100-7200. NCDEX
Observations
Dhaniya trading range for the day is 6980-7112.
Dhaniya prices stayed weak amid higher arrivals and sluggish off-season demand.
Old stock continues to flow into mandis, pressuring prices further.
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 7050.15 Rupees dropped by -0.03 percent.
Turmeric
BUY TURMERIC AUG @ 14700 SL 14400 TGT 15000-15200. NCDEX
Observations
Turmeric trading range for the day is 14596-14920.
Turmeric prices fell due to weak domestic and export demand.
Arrivals rose to 13,660 quintals vs. 11,940 in the previous session, indicating increased availability
Turmeric exports during Apr - Mar 2025, jump by 8.83 percent at 176325.34 tonnes compared to Apr - Mar 2024
In Nizamabad, a major spot market, the price ended at 14471.25 Rupees dropped by -0.61 percent.
