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2026-09-18 11:31:14 am | Source: Kedia Advisory
Buy Turmeric OCT @ 20100 SL 19800 TGT 20400-20600. NCDEX - Kedia Advisory
Buy Turmeric OCT @ 20100 SL 19800 TGT 20400-20600. NCDEX - Kedia Advisory

JEERA

SELL JEERA OCT @ 22000 SL 22300 TGT 21700-21500. NCDEX

Observations

Jeera trading range for the day is 21500-22080.

Jeera gained amid a rapid tightening in the supply of premium-quality bold seeds.

While total physical crop availability is stable, the export-grade high-purity bold seed supply is shrinking much faster than anticipated.

Daily arrivals across major trading spots like Unjha (Gujarat) and Rajasthan have begun to taper off significantly.

In Unjha, a major spot market, the price ended at 21481.45 Rupees gained by 0.23 percent

 

DHANIYA

BUY DHANIYA OCT @ 14200 SL 14000 TGT 14500-14700. NCDEX

Observations

Dhaniya trading range for the day is 14060-14776.

Dhaniya dropped on profit booking as arrivals have accelerated. 2026 output estimated at just 9.5–9.7 million bags, down from 11 million last year.

Carryover stocks have plummeted to 20–25 lakh bags, a significant drop from the 35–36 lakh bags held in 2025.

In Gondal, a major spot market, the price ended at 14944.15 Rupees dropped by -0.3 percent.

 

TURMERIC

BUY TURMERIC OCT @ 20100 SL 19800 TGT 20400-20600. NCDEX

Observations

Turmeric trading range for the day is 19394-21434.

Turmeric dropped as revival of monsoon activity eased dry-weather fears.

Filling up of key reservoirs ensured reliable water supply for the vegetative phase, dampening crop failure speculation.

Tighter European Union regulations on Maximum Residue Limits (MRLs) led to rejections of non-IPM compliant lots, discounting commercial-grade turmeric prices.

In Nizamabad, a major spot market, the price ended at 20155.1 Rupees dropped by -0.38 percent.

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