IGI Logo

Jeera

Observations

Jeera trading range for the day is 25400-27200.

Jeera dropped as the expectation of higher production weighed on the prices.

However downside seen limited amid robust domestic and export demand besides tight global supplies.

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

In Unjha, a major spot market, the price ended at 25978.5 Rupees dropped by -0.32 percent.

BUY JEERA SEP @ 26000 SL 25600 TGT 26500-26800. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 6772-7028.

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 Gondal, a major spot market, the price ended at 6902.5 Rupees gained by 0.01 percent.

BUY DHANIYA SEP @ 6850 SL 6750 TGT 6950-7050. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 12906-13790.

Turmeric dropped on profit booking amid news of increased sowing.

Export opportunities are expected to be further complicated due to anticipated volatility in Bangladesh.

In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.

In Nizamabad, a major spot market, the price ended at 14113.35 Rupees dropped by -1.46 percent.

BUY TURMERIC OCT @ 13200 SL 12800 TGT 13700-14000. NCDEX