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2026-01-16 12:15:58 pm | Source: Kedia Advisory
Sell Turmeric APR @ 17500 SL 17800 TGT 17200-17000. NCDEX - Kedia Advisory
Sell Turmeric APR @ 17500 SL 17800 TGT 17200-17000. NCDEX - Kedia Advisory

JEERA

SELL JEERA MAR @ 23800 SL 24100 TGT 23500-23200. NCDEX

Observations

Jeera trading range for the day is 23490-23910

Jeera gains as weather issues and delayed sowing are keeping cumin prices strong.

However upside seen limited due to comfortable supplies and tepid export interest amid adequate existing stocks.

In Gujarat, Jeera sowing seen at 398,438 hectares down by 16.31% compared to last years 476,097 hectares.

In Unjha, a major spot market, the price ended at 22602.1 Rupees dropped by -0.69 percent.

 

DHANIYA

SELL DHANIYA APR @ 11300 SL 11600 TGT 11000-10800. NCDEX

Observations

Dhaniya trading range for the day is 10972-11328.

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 10182.85 Rupees gained by 0.2 percent.

 

TURMERIC

SELL TURMERIC APR @ 17500 SL 17800 TGT 17200-17000. NCDEX

Observations

Turmeric trading range for the day is 16730-18342.

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 16804.6 Rupees gained by 0.21 percent.

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