BUY TURMERIC AUG @ 14000 SL 13700 TGT 14300-14500. NCDEX - Kedia Advisory
JEERA
BUY JEERA JUL @ 19800 SL 19500 TGT 20100-20400. NCDEX
Observations
Jeera trading range for the day is 19760-20280.
Jeera prices continue to rise on strong export demand and easing geopolitical concerns
However upside seen limited due to weak domestic and export demand post retail season
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 20245.6 Rupees gained by 0.21 percent.
DHANIYA
BUY DHANIYA JUL @ 7150 SL 7050 TGT 7250-7350. NCDEX
Observations
Dhaniya trading range for the day is 6978-7318.
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 7181.25 Rupees gained by 0.25 percent.
TURMERIC
BUY TURMERIC AUG @ 14000 SL 13700 TGT 14300-14500. NCDEX
Observations
Turmeric trading range for the day is 13816-14504.
Turmeric gained on short covering after 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 14401.9 Rupees gained by 0.07 percent.
