Sell Dhaniya OCT @ 16600 SL 16900 TGT 16300-16100. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 20900 SL 21200 TGT 20600-20300. NCDEX
Observations
Jeera trading range for the day is 20610-20970.
Jeera gains 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.
Geopolitical instability in the Middle East continues to dampen logistics and demand from key traditional buyers.
In Unjha, a major spot market, the price ended at 20534.4 Rupees dropped by -0.12 percent.
DHANIYA
SELL DHANIYA OCT @ 16600 SL 16900 TGT 16300-16100. NCDEX
Observations
Dhaniya trading range for the day is 15942-17150.
Dhaniya gains as latest industry reports confirm a third consecutive year of declining production.
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 15777.55 Rupees dropped by -0.35 percent.
TURMERIC
SELL TURMERIC OCT @ 21900 SL 22300 TGT 21600-21400. NCDEX
Observations
Turmeric trading range for the day is 21278-22358.
Turmeric dropped on profit booking as revival of monsoon activity eased dry-weather fears.
Filling up of key reservoirs in Telangana and Andhra Pradesh 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 20465.9 Rupees gained by 0.14 percent.
