Sell Jeera Jun @ 22100 SL 22400 TGT 21800-21500. NCDEX - Kedia Advisory
Jeera
SELL JEERA JUN @ 22100 SL 22400 TGT 21800-21500. NCDEX
Observations
Jeera trading range for the day is 21570-22530.
Jeera droppeued d to lower buying from domestic buyers and subdued export demand.
Pressure also seen due to comfortable supplies and tepid export interest amid adequate existing stocks.
In Feb 2025 around 12,996.88 tonnes of jeera were exported as against 17,083.31 tonnes in Jan 2025 showing a drop of 23.92%.
In Unjha, a major spot market, the price ended at 22488.05 Rupees dropped by -0.15 percent.
Dhaniya
BUY DHANIYA JUN @ 6900 SL 6800 TGT 7000-7100. NCDEX
Observations
Dhaniya trading range for the day is 6838-7054.
Dhaniya prices dropped due to higher arrivals.
Total coriander arrivals declined significantly to 34,400 bags as against 40,700 bags recorded in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7113.4 Rupees gained by 0.7 percent.
Turmeric
SELL TURMERIC JUN @ 14700 SL 15000 TGT 14300-14000. NCDEX
Observations
Turmeric trading range for the day is 13998-14870.
Turmeric prices rallied as support seen after easing of tension between India and Pakistan border.
Total arrivals rose to around 57,500 quintals, up significantly from 29,860 quintals in the previous session.
However downside seen limited as persistent concerns about low arrivals and lower production estimates.
In Nizamabad, a major spot market, the price ended at 14559.15 Rupees gained by 0.16 percent.
