Sell Jeera MAY @ 20600 SL 20900 TGT 20300-20000. NCDEX - Kedia Advisory
Jeera
SELL JEERA MAY @ 20600 SL 20900 TGT 20300-20000. NCDEX
Observations
Jeera trading range for the day is 19870-20590.
Jeera gains as recent thunderstorms and hail in Rajasthan have damaged the standing crop at the harvest stage.
Sudden unseasonal rains in North-West India delayed the drying and processing of the new crop, creating a temporary supply gap
Daily arrivals at the Unjha mandi have stabilized at high level, approx. 28,500 bags, creating a visible supply glut.
In Unjha, a major spot market, the price ended at 20712.3 Rupees gained by 0.36 percent.
Dhaniya
SELL DHANIYA MAY @ 13200 SL 13500 TGT 12900-12700. NCDEX
Observations
Dhaniya trading range for the day is 12932-13240.
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 12961.8 Rupees gained by 0.38 percent.
Turmeric
SELL TURMERIC MAY @ 16200 SL 16500 TGT 15900-15700. NCDEX
Turmeric trading range for the day is 15726-16346.
Turmeric dropped as daily arrivals across Nizamabad, Erode, and Hingoli have accelerated, creating a temporary "supply glut".
Lingering tensions in the Middle East continue to complicate export logistics, causing some buyers to defer commitments.
The absence of fresh weather disruptions during the post-harvest phase has effectively removed the "weather risk premium."
In Nizamabad, a major spot market, the price ended at 15662.85 Rupees dropped by -0.94 percent.
