BUY TURMERIC AUG @ 13500 SL 13200 TGT 13800-14000. NCDEX - Kedia Advisory
JEERA
BUY JEERA JUL @ 19800 SL 19600 TGT 20100-20300. NCDEX
Observations
Jeera trading range for the day is 19670-20330.
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 20510.45 Rupees dropped by 0 percent.
DHANIYA
BUY DHANIYA JUL @ 7150 SL 7050 TGT 7250-7350. NCDEX
Observations
Dhaniya trading range for the day is 7108-7284.
Dhaniya gained on short covering after prices dropped amid higher arrivals and sluggish off-season demand.
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 7255.75 Rupees dropped by -0.45 percent.
TURMERIC
BUY TURMERIC AUG @ 13500 SL 13200 TGT 13800-14000. NCDEX
Observations
Turmeric trading range for the day is 12996-14328.
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 14351.15 Rupees dropped by -0.45 percent.
