Sell Turmeric Dec @ 14400 SL 14600 TGT 14200-14000. NCDEX - Kedia Advisory
JEERA
SELL JEERA DEC @ 20800 SL 21100 TGT 20500-20200. NCDEX
Observations
Jeera trading range for the day is 20430-20930.
Jeera gains on short covering after prices dropped due to weak export demand post retail season.
Jeera exports during Apr - Aug 2025, dropped by 17.02 percent at 85977.39 tonnes as compared to 103614.50 tonnes exported during Apr - Aug 2024.
Traders attributed the fall mainly to the conclusion of the retail season and continued inactivity on the part of foreign buyers.
In Unjha, a major spot market, the price ended at 20453.3 Rupees dropped by -0.47 percent.
DHANIYA
SELL DHANIYA DEC @ 8600 SL 8700 TGT 8500-8400. NCDEX
Observations
Dhaniya trading range for the day is 8368-8740.
Dhaniya dropped on profit bookimng after prices gained due to shortage of good quality stocks.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 8285.95 Rupees gained by 0.39 percent
TURMERIC
SELL TURMERIC DEC @ 14400 SL 14600 TGT 14200-14000. NCDEX
Observations
Turmeric trading range for the day is 13494-15402.
Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.
However downside seen limited as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
Recent heavy rainfall in Nanded has adversely affected the region's turmeric cultivation, damaging approximately 15% of the crop area.
In Nizamabad, a major spot market, the price ended at 14942.1 Rupees dropped by -0.27 percent.
