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2026-03-02 12:55:47 pm | Source: Kedia Advisory
Sell Turmeric APR @ 15700 SL 15900 TGT 15500-15200. NCDEX - Kedia Advisory
Sell Turmeric APR @ 15700 SL 15900 TGT 15500-15200. NCDEX - Kedia Advisory

JEERA

SELL JEERA MAR @ 22200 SL 22500 TGT 21900-21700. NCDEX

Observations

Jeera trading range for the day is 21700-22480.

Jeera gained as sowing in Gujarat is down 14.34% YoY, covering 4.08 lakh hectares.

National production for 2026 is estimated at 90–92 lakh bags, significantly lower than last year’s 1.10 crore bags.

Rising risks of Aphid infestation have been reported across key growing regions in Rajasthan.

In Unjha, a major spot market, the price ended at 21957.4 Rupees dropped by -0.26 percent.

 

DHANIYA

SELL DHANIYA APR @ 11500 SL 11700 TGT 11300-11100. NCDEX

Observations

Dhaniya trading range for the day is 11040-11696.

Dhaniya prices surged driven by lower sowing and rising crop risks.

Arrivals in Rajasthan and Madhya Pradesh are expected to start in full pace from March

As on 02 Feb 2026, sowing in Gujarat seen down by 3.25% to 126,470 hectares compared to last year’s 130,731 hectares.

In Gondal, a major spot market, the price ended at 10874.55 Rupees gained by 0.27 percent.

 

TURMERIC

SELL TURMERIC APR @ 15700 SL 15900 TGT 15500-15200. NCDEX

Observations

Turmeric trading range for the day is 14942-16018.

Turmeric dropped as fresh turmeric arrivals in Erode are expected to increase sharply over the next 10-15 days.

Pressure also seen 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

In Nizamabad, a major spot market, the price ended at 15836.15 Rupees gained by 0.02 percent

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