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Jeera

Observations

Jeera trading range for the day is 44440-51840.

Jeera dropped due to profit booking amid subdued demand due to sluggish export demand.

Jeera exports during Apr-Aug 2023, dropped by 23.76 percent at 69,779.04 tonnes

Export is likely to remain down in upcoming months as per the export seasonality.

In Unjha, a major spot market, the price ended at 49698.25 Rupees dropped by -2.52 percent

SELL JEERA NOV @ 47500 SL 48200 TGT 46600-46000. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 6864-7092.

Dhaniya prices settled down as huge stocks with farmers and stockists

Dhaniya exports during Apr-Aug 2023, rose by 261.69 percent at 67,120.65 tonnes as compared to Apr-Aug 2022.

India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.

In Gondal, a major spot market, the price ended at 7125.25 Rupees dropped by -0.58 percent

SELL DHANIYA NOV @ 7000 SL 7100 TGT 6900-6850. NCDEX

Turmeric

Observations

Turmeric trading range for the day is 12690-13634.

Turmeric dropped amid improved crop condition due to favorable weather condition.

However downside seen limited due to the potential for yield losses Expectations for a 20–25 percent decline in turmeric seeding this year

In Nizamabad, a major spot market, the price ended at 13377.25 Rupees dropped by -1.09 percent

BUY TURMERIC DEC @ 13000 SL 12700 TGT 13400-12600. NCDEX