Buy Jeera Sep @ 25250 SL 25000 TGT 25650-25850. NCDEX - Kedia Advisory
JEERA
Observation
Jeera trading range for the day is 24770-25990.
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 25479.45 Rupees dropped by -0.03 percent.
BUY JEERA SEP @ 25250 SL 25000 TGT 25650-25850. NCDEX
DHANIYA
Observation
Dhaniya trading range for the day is 6760-7180.
Dhaniya gains on low level buying after 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 6902.5 Rupees gained by 0.01 percent.
BUY DHANIYA SEP @ 6950 SL 6850 TGT 7050-7150. NCDEX
TURMERIC
Observation
Turmeric trading range for the day is 12818-14418.
Turmeric dropped as demand remains limited, as buyers are reluctant to make purchases.
Pressure also seen amid news of increased sowing.
In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
In Nizamabad, a major spot market, the price ended at 14819.3 Rupees dropped by -5.93 percent.
BUY TURMERIC OCT @ 13400 SL 13000 TGT 13800-14200. NCDEX
