BUY TURMERIC AUG @ 13400 SL 13200 TGT 13600-13800. NCDEX - Kedia Advisory
JEERA
BUY JEERA AUG @ 19600 SL 19300 TGT 19800-20000. NCDEX
Observations
Jeera trading range for the day is 19330-19970.
Jeera dropped due to weak domestic and export demand post retail season.
However downside seen limited on strong export demand and easing geopolitical concerns.
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 20152.65 Rupees dropped by -0.4 percent.
DHANIYA
BUY DHANIYA AUG @ 7500 SL 7400 TGT 7600-7700. NCDEX
Observations
Dhaniya trading range for the day is 7444-7720.
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 7499.25 Rupees gained by 0.49 percent.
TURMERIC
BUY TURMERIC AUG @ 13400 SL 13200 TGT 13600-13800. NCDEX
Observations
Turmeric trading range for the day is 13202-13882.
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 14042 Rupees dropped by -0.3 percent
