Buy Jeera Jul @ 19700 SL 19400 TGT 20000-20200. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUL @ 19700 SL 19400 TGT 20000-20200. NCDEX
Observations
Jeera trading range for the day is 19510-20010.
Jeera dropped due to low buying from domestic buyers and subdued export demand.
The current season is expected to have similar production levels as last year due to better crop conditions.
Jeera exports during Apr - Mar 2025, rose by 39.63 percent at 212502.49 tonnes compared Apr - Mar 2024.
In Unjha, a major spot market, the price ended at 20270.6 Rupees dropped by -0.7 percent.
Dhaniya
BUY DHANIYA JUL @ 7050 SL 6950 TGT 7150-7250. NCDEX
Observations
Dhaniya trading range for the day is 7020-7144.
Dhaniya prices dropped due to higher arrivals
Total coriander arrivals declined significantly to 34,400 bags as against 40,700 bags recorded 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 7054.2 Rupees dropped by -0.24 percent.
Turmeric
BUY TURMERIC AUG @ 14700 SL 14400 TGT 15000-15200. NCDEX
Observations
Turmeric trading range for the day is 14542-15182.
Turmeric gained amid persistent concerns about arrivals and lower production estimates.
However upside seen limited due to increased arrivals and owing to weak export enquiries.
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 14518.4 Rupees dropped by -0.22 percent.
