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Jeera

Observations

Jeera trading range for the day is 28290-30750.

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

China's cumin output soared to over 55-60 thousand tons from the previous 28-30 thousand tons.

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

In Unjha, a major spot market, the price ended at 29900.35 Rupees dropped by -0.14 percent.

BUY JEERA JUL @ 29200 SL 28800 TGT 29700-30000. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 7142-7602.

Dhaniya prices dropped due to good arrivals

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 7505.9 Rupees dropped by -0.17 percent.

BUY DHANIYA JUL @ 7300 SL 7200 TGT 7400-7500. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 16546-17742.

Turmeric dropped on profit booking after prices gained as farmers are holding back stocks.

The current heat wave could severely damage the crop yield, further contributing to the supply crunch.

The Ministry of Agriculture first advance estimate for turmeric production in 2023-24 is estimated at 10.74 lakh tonnes

In Nizamabad, a major spot market, the price ended at 17978.85 Rupees dropped by -0.42 percent.

BUY TURMERIC AUG @ 17100 SL 16800 TGT 17500-17800. NCDEX