By Dhaniya Jul @ 7000 SL 6900 TGT 7100-7200. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUL @ 19000 SL 18700 TGT 19300-19500. NCDEX
Observations
Jeera trading range for the day is 18820-19260.
Jeera prices dropped due to weak domestic and export demand.
Ample existing stock and comfortable supply are dampening price prospects.
Global supply disruptions haven't translated into higher Indian exports due to tepid demand.
In Unjha, a major spot market, the price ended at 19533.3 Rupees dropped by -0.94 percent.
Dhaniya
BUY DHANIYA JUL @ 7000 SL 6900 TGT 7100-7200. NCDEX
Observations
Dhaniya trading range for the day is 6944-7076.
Dhaniya prices dropped amid higher arrivals and sluggish off-season demand.
Old stock continues to flow into mandis, pressuring prices further.
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 7080.4 Rupees gained by 0.17 percent.
Turmeric
BUY TURMERIC AUG @ 14100 SL 13800 TGT 14400-14600. NCDEX
Observations
Turmeric trading range for the day is 13942-14482.
Turmeric gained on short covering after prices dropped due to weak domestic and export demand.
Arrivals rose to 13,660 quintals vs. 11,940 in the previous session, indicating increased availability
Turmeric exports during Apr - Mar 2025, jump by 8.83 percent at 176325.34 tonnes compared to Apr - Mar
In Nizamabad, a major spot market, the price ended at 14315.4 Rupees dropped by -0.29 percent.
