Buy Turmeric Jun @ 13700 SL 13400 TGT 14000-14200. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUN @ 20200 SL 19900 TGT 20500-20800. NCDEX
Observations
Jeera trading range for the day is 19900-21220.
Jeera dropped due to lower buying from domestic buyers and subdued export demand.
The current season is expected to have similar production levels as last year due to better crop conditions.
Jeera exports during Apr - Mar 2025, rose by 39.63 percent at 212502.49 tonnes compared Apr - Mar 2024.
In Unjha, a major spot market, the price ended at 20896.7 Rupees dropped by -0.38 percent.
Dhaniya
BUY DHANIYA JUN @ 7000 SL 6900 TGT 7100-7200. NCDEX
Observations
Dhaniya trading range for the day is 6894-7114.
Dhaniya dropped due to higher arrivals and limited demand.
Total coriander arrivals declined significantly to 34,400 bags as against 40,700 bags recorded 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 7053.85 Rupees dropped by -0.24 percent.
Turmeric
BUY TURMERIC JUN @ 13700 SL 13400 TGT 14000-14200. NCDEX
Observations
Turmeric trading range for the day is 13336-14596.
Turmeric dropped due to increased arrivals and owing to weak export enquiries.
However downside seen limited amid persistent concerns about low lower production.
Turmeric exports during Apr - Mar 2025, jump by 8.83 percent at 176325.34 tonnes compared to Apr - Mar 2024.
In Nizamabad, a major spot market, the price ended at 14327.9 Rupees dropped by -0.82 percent.
