Sell Turmeric AUG @ 22600 SL 22900 TGT 22300-22100. NCDEX - Kedia Advisory
JEERA
SELL JEERA AUG @ 21200 SL 21500 TGT 20900-20700. NCDEX
Observations
Jeera trading range for the day is 20850-21470.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected, accelerating the delivery timeline.
Large industrial spice grinders are staying away from bulk purchases, waiting for the market to bottom out.
In Unjha, a major spot market, the price ended at 20945.1 Rupees dropped by -0.07 percen
DHANIYA
SELL DHANIYA AUG @ 15700 SL 15900 TGT 15500-15300. NCDEX
Observations
Dhaniya trading range for the day is 15402-15998.
Dhaniya dropped on profit booking and a lack of robust buying interest in the physical markets.
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 15882.2 Rupees gained by 0.14 percent.
TURMERIC
SELL TURMERIC AUG @ 22600 SL 22900 TGT 22300-22100. NCDEX
Observations
Turmeric trading range for the day is 22178-22966.
Turmeric prices gained amid fears of El Nino impact the crop that is currently being sown.
Prices were up due to deficient rain and fear of the next crop being affected.
The carryforward stocks we had in the past 3-4 years have declined.
In Nizamabad, a major spot market, the price ended at 21141.15 Rupees gained by 1.1 percent.
