Sell JEERA DEC @ 21400 SL 21700 TGT 21100-20900. NCDEX
Jeera
SELL JEERA DEC @ 21400 SL 21700 TGT 21100-20900. NCDEX
Observations
Jeera trading range for the day is 20600-21660.
Jeera gains as weather issues and delayed sowing are keeping cumin prices strong.
However upside seen limited due to comfortable supplies and tepid export interest amid adequate existing stocks.
In Gujarat, Jeera sowing seen at 2,60,925 hectares down by 0.45% compared to last years 2,62,115 hectares.
In Unjha, a major spot market, the price ended at 20971.65 Rupees dropped by -0.18 percent.
Dhaniya
SELL DHANIYA DEC @ 10600 SL 10750 TGT 10400-10200. NCDEX
Observations
Dhaniya trading range for the day is 10428-10724.
Dhaniya gained on short covering after prices dropped as sowing rose by 20.82% to 75,361 hectares compared to last year.
Seasonal demand, especially ahead of the wedding period, is further expected to keep consumption active.
Dhaniya exports during Apr - Sep 2025, rose by 14.45% at 26355.76 tonnes as compared to 23029.16 tonnes exported during Apr - Aug 2024.
In Gondal, a major spot market, the price ended at 10060.15 Rupees gained by 0.23 percent.
Turmeric
SELL TURMERIC DEC @ 15200 SL 15500 TGT 14900-14700. NCDEX
Observations
Turmeric trading range for the day is 14124-15588.
Turmeric gains as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
Due to continuous rains in Erode, disease outbreaks have started emerging in some areas.
Support also seen as recent rainfall has caused damage to standing turmeric crops in major growing regions.
In Nizamabad, a major spot market, the price ended at 15014.4 Rupees gained by 1.07 percent.
