SELL JEERA MAR @ 23900 SL 24200 TGT 23600-23300. NCDEX - Kedia Advisory
Jeera
SELL JEERA MAR @ 23900 SL 24200 TGT 23600-23300. NCDEX
Observations
Jeera trading range for the day is 23550-24350.
Jeera dropped due to comfortable supplies and tepid export interest amid adequate existing stocks.
However downside seen limited as weather issues and delayed sowing are keeping cumin prices strong.
In Gujarat, Jeera sowing seen at 398438 hectares down by 16.31% compared to last years 476097 hectares.
In Unjha, a major spot market, the price ended at 23647.3 Rupees dropped by -0.17 percent.
Dhaniya
SELL DHANIYA APR @ 11200 SL 11400 TGT 11000-10800. NCDEX
Observations
Dhaniya trading range for the day is 10782-11502.
Dhaniya dropped on profit booking after prices gained as sowing seen at 125,510 hectares down by 3.78%.
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 10446.8 Rupees gained by 0.11 percent.
TURMERIC
SELL TURMERIC APR @ 16800 SL 17100 TGT 16500-16200. NCDEX
Observations
Turmeric trading range for the day is 16108-17580.
Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.
India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth.
However downside seen limited as arrivals remain below normal and good domestic and international demand.
In Nizamabad, a major spot market, the price ended at 16518.65 Rupees dropped by -0.16 percent.
