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Jeera

Observations

Jeera trading range for the day is 25660-26740.

Jeera gains amid robust domestic and export demand besides tight global supplies.

China's cumin output soared to over 55-60 thousand tons from the previous 28-30 thousand tons.

Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.

In Unjha, a major spot market, the price ended at 26479.55 Rupees dropped by -0.68 percent.

BUY JEERA AUG @ 26000 SL 25700 TGT 26500-26800. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 7102-7322.

Dhaniya gains on short covering after prices dropped due to good arrivals

Daily arrival of 40000 bags witnessed in Ramganj mandi and around 20000 to 30000 bags coming in Kota.

Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation

In Gondal, a major spot market, the price ended at 7329.05 Rupees gained by 0.57 percent.

BUY DHANIYA AUG @ 7200 SL 7100 TGT 7300-7400. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 15480-16360.

Turmeric prices dropped amid news of increased sowing.

Turmeric sowing on the Erode line is reported to be double as compared to last year.

Turmeric was sown in about 3/3.25 lakh hectares in the country last year, which is estimated to increase to 3.75/4 lakh hectares this year.

In Nizamabad, a major spot market, the price ended at 16458.1 Rupees gained by 0.68 percent.

BUY TURMERIC AUG @ 15800 SL 15500 TGT 16300-16600. NCDEX