Buy Turmeric Aug @ 13100 SL 12900 TGT 13400-13600. NCDEX - Kedia Advisory
Jeera
BUY JEERA AUG @ 19200 SL 19000 TGT 19400-19600. NCDEX
Observations
Jeera trading range for the day is 18790-19970.
Jeera prices dropped due to weak domestic post retail season.
Only 3-4 lakh bags are expected to be traded by the end of the season, leaving a carry-forward stock of about 16 lakh bags
Total arrivals witnessed a marginal increase to 12,000 bags (55 kg each) as against 11,800 bags on the previous day.
In Unjha, a major spot market, the price ended at 20005.75 Rupees dropped by -0.22 percent.
Dhaniya
BUY DHANIYA AUG @ 7650 SL 7550 TGT 7750-7850. NCDEX
Observations
Dhaniya trading range for the day is 7604-7820.
Dhaniya prices gains due to shortage of good quality stocks in the market.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7624.05 Rupees gained by 0.1 percent.
Turmeric
BUY TURMERIC AUG @ 13100 SL 12900 TGT 13400-13600. NCDEX
Observations
Turmeric trading range for the day is 13076-13428.
Turmeric prices dropped due to expected increase in acreage.
Turmeric acreage is expected to increase by 15-20% this season, supported by low competitive crop prices.
In April 2025 around 14,956.80 tonnes were exported as against 14,109.10 tonnes in April 2024 showing a rise of 6%.
In Nizamabad, a major spot market, the price ended at 14039.7 Rupees dropped by -0.45 percent.
