Buy Turmeric Jun @ 13900 SL 13600 TGT 14200-14500. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUN @ 20900 SL 20500 TGT 21400-21600. NCDEX
Observations
Jeera trading range for the day is 20560-21380.
Jeera gained due to lower buying despite weak export demand.
The current season is expected to have similar production levels as last year due to better crop conditions.
In Feb 2025 around 12,996.88 tonnes of jeera were exported as against 17,083.31 tonnes in Jan 2025 showing a drop of 23.92%.
In Unjha, a major spot market, the price ended at 21269.1 Rupees dropped by -0.28 percent.
Dhaniya
BUY DHANIYA JUN @ 7050 SL 6950 TGT 7150-7250. NCDEX
Observations
Dhaniya trading range for the day is 6960-7148.
Dhaniya prices 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 7162.45 Rupees gained by 0.09 percent.
Turmeric
BUY TURMERIC JUN @ 13900 SL 13600 TGT 14200-14500. NCDEX
Observations
Turmeric trading range for the day is 13848-14324.
Turmeric dropped due to increased arrivals and owing to weak export enquiries.
However downside seen limited amid persistent concerns about lower production estimates.
Yields expected 10–15% lower; Nanded region hit by crop rot and small rhizomes
In Nizamabad, a major spot market, the price ended at 14489.95 Rupees dropped by -0.44 percent.
