IGI Logo

Jeera

Observations

Jeera trading range for the day is 24810-26390.

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 25722 Rupees dropped by -0.23 percent.

BUY JEERA SEP @ 25200 SL 24800 TGT 25800-26200. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 6690-6962.

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 6999.5 Rupees dropped by -0.31 percent.

BUY DHANIYA SEP @ 6750 SL 6650 TGT 6850-6950. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 12918-14258.

Turmeric gains amid tighter supplies in the market and emerging buying from stockists.

However upside seen limited amid news of increased sowing. Ex

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

In Nizamabad, a major spot market, the price ended at 14264.2 Rupees gained by 1.07 percent.

BUY TURMERIC OCT @ 13400 SL 13100 TGT 13800-14000. NCDEX