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2026-05-12 12:25:20 pm | Source: Kedia Advisory
Sell Jeera JUN @ 20000 SL 20300 TGT 19700-19500. NCDEX - Kedia Advisory
Sell Jeera JUN @ 20000 SL 20300 TGT 19700-19500. NCDEX - Kedia Advisory

JEERA

SELL JEERA JUN @ 20000 SL 20300 TGT 19700-19500. NCDEX

Observations

Jeera trading range for the day is 19770-20190.

Jeera dropped as fresh crop arrivals from key Rajasthan hubs have increased.

Favorable weather conditions across North-West India allowed farmers to complete harvesting faster than expected.

Farmers are actively offloading stocks to generate liquidity for the upcoming Kharif planting season, adding continuous sell-side pressure.

In Unjha, a major spot market, the price ended at 20019.6 Rupees dropped by -0.46 percent.

 

DHANIYA

SELL DHANIYA JUN @ 12700 SL 12900 TGT 12500-12300. NCDEX

Observations

Dhaniya trading range for the day is 12504-12740.

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 12793.8 Rupees gained by 0.41 percent.

 

TURMERIC

SELL TURMERIC JUN @ 16100 SL 16400 TGT 15800-15600. NCDEX

Observations

Turmeric trading range for the day is 15832-16272.

Turmeric dropped as daily arrivals across Nizamabad, Erode, and Hingoli have accelerated, creating a temporary "supply glut".

Farmers are liquidating stocks more rapidly this week to raise liquidity for upcoming Kharif sowing expenses, increasing the immediate supply.

Increased arrivals of late-harvested, high-moisture turmeric have led to aggressive price discounting for "average" quality lots.

In Nizamabad, a major spot market, the price ended at 15551.9 Rupees dropped by -0.92 percent.

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