IGI Logo

Jeera

Observations

Jeera trading range for the day is 25570-26310.

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 26092.5 Rupees dropped by -0.42 percent.

BUY JEERA SEP @ 25800 SL 25400 TGT 26300-26600. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 6980-7248.

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 7237.15 Rupees dropped by -0.14 percent.

BUY DHANIYA SEP @ 7050 SL 6950 TGT 7150-7250. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 16074-16778.

Turmeric prices dropped amid news of increased sowing.

Turmeric sowing on the Erode line is reported to be double as compared to last year.

Turmeric was sown in about 3/3.25 lakh hectares in the country last year, which is estimated to increase to 3.75/4 lakh hectares this year.

In Nizamabad, a major spot market, the price ended at 16208.2 Rupees dropped by -0.63 percent.

BUY TURMERIC OCT @ 16300 SL 16000 TGT 16600-16800. NCDEX