Buy Turmeric JUN @ 18200 SL 17800 TGT 18700-19000. NCDEX - Kedia Advisory
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JEERA
Observation
Jeera trading range for the day is 24790-27430.
Jeera prices rallied amid robust export demand and aggressive buying by stockists.
Global buyers preferred Indian jeera with tightening global supplies.
New arrivals have started in Gujarat since last 20-25 days and new arrivals have started in Rajasthan also since last 15 days.
In Jodhpur, a major spot market, the price ended at 26000 Rupees dropped by 0 percent.
BUY JEERA MAY @ 26200 SL 25800 TGT 26700-27000. NCDEX
DHANIYA
Observation
Dhaniya trading range for the day is 7182-7426.
Dhaniya 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 Kota, a major spot market, the price ended at 7560.25 Rupees gained by 0.08 percent.
BUY DHANIYA MAY @ 7300 SL 7200 TGT 7400-7500. NCDEX
TURMERIC
Observation
Turmeric trading range for the day is 18048-18776.
Turmeric gained amid below normal supplies and active festive demand.
However, upside seen limited as new arrivals are expected from the Marathwada region in Maharashtra.
The Ministry of Agriculture first advance estimate for turmeric production in 2023-24 is estimated at 10.74 lakh tonnes
In , a major spot market, the price ended at Rupees dropped by percent.
BUY TURMERIC JUN @ 18200 SL 17800 TGT 18700-19000. NCDEX
