Buy Turmeric APR @ 17800 SL 17500 TGT 18200-18400. NCDEX - Kedia Advisory
JEERA
BUY JEERA MAR @ 24600 SL 24300 TGT 24900-25200. NCDEX
Observations
Jeera trading range for the day is 23710-25550.
Jeera gains as weather issues and delayed sowing are keeping cumin prices strong.
However upside seen limited due to comfortable supplies and tepid export interest amid adequate existing stocks.
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 23273.85 Rupees dropped by -0.12 percent.
DHANIYA
BUY DHANIYA APR @ 11800 SL 11500 TGT 12100-12400. NCDEX
Observations
Dhaniya trading range for the day is 11620-12228.
Dhaniya 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 10519.1 Rupees gained by 0.05 percent.
TURMERIC
BUY TURMERIC APR @ 17800 SL 17500 TGT 18200-18400. NCDEX
Observations
Turmeric trading range for the day is 17466-18342.
Turmeric gains as arrivals remain below normal and good domestic and international demand.
Yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
However upside seen limited amid increase in acreage due to favourable rains during the current sowing season.
In Nizamabad, a major spot market, the price ended at 16858.05 Rupees gained by 0.02 percent.
