BUY JEERA MAR @ 24000 SL 23700 TGT 24300-24500. NCDEX - Kedia Advisory
Jeera
BUY JEERA MAR @ 24000 SL 23700 TGT 24300-24500. NCDEX
Observations
Jeera trading range for the day is 23540-25480.
Jeera dropped due to comfortable supplies and tepid export interest amid adequate existing stocks.
However downside seen limited as weather issues and delayed sowing are keeping cumin prices strong.
In Gujarat, Jeera sowing seen at 398438 hectares down by 16.31% compared to last years 476097 hectares.
In Unjha, a major spot market, the price ended at 23551.95 Rupees dropped by -0.57 percent.
Dhaniya
BUY DHANIYA APR @ 11200 SL 11000 TGT 11400-11600. NCDEX
Observations
Dhaniya trading range for the day is 10980-11788.
Dhaniya dropped on profit booking after prices gained as sowing seen at 125,510 hectares down by 3.78%.
Seasonal demand, especially ahead of the wedding period, is further expected to keep consumption active.
Dhaniya exports during Apr - Sep 2025, rose by 14.45% at 26355.76 tonnes as compared to 23029.16 tonnes exported during Apr - Aug 2024.
In Gondal, a major spot market, the price ended at 10442.35 Rupees gained by 0.1 percent.
Daily Spices Update
BUY TURMERIC APR @ 17400 SL 17100 TGT 17700-17900. NCDEX
Observations
Turmeric trading range for the day is 16600-18640.
Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.
India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth.
However downside seen limited as arrivals remain below normal and good domestic and international demand.
In Nizamabad, a major spot market, the price ended at 16848.15 Rupees gained by 0.25 percent.
