Buy Turmeric AUG @ 13200 SL 12900 TGT 13500-13700. NCDEX - Kedia Advisory
JEERA
BUY JEERA AUG @ 19400 SL 19100 TGT 19700-19900. NCDEX
Observations
Jeera trading range for the day is 19180-19860.
Jeera gained on short covering after prices dropped due to weak domestic and export demand 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 19914.3 Rupees dropped by -0.3 percent.
DHANIYA
BUY DHANIYA AUG @ 7600 SL 7500 TGT 7700-7800. NCDEX
Observations
Dhaniya trading range for the day is 7566-7714.
Dhaniya dropped amid increased arrivals and sluggish buying activity.
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 7516.2 Rupees dropped by -0.14 percent.
TURMERIC
BUY TURMERIC AUG @ 13200 SL 12900 TGT 13500-13700. NCDEX
Observations
Turmeric trading range for the day is 12666-13866.
Turmeric settled flat 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.
