Sell Turmeric Dec @ 14600 SL 14800 TGT 14400-14200. NCDEX - Kedia Advisory
Jeera
SELL JEERA DEC @ 21700 SL 21900 TGT 21500-21300. NCDEX
Observations
Jeera trading range for the day is 21230-21910.
Jeera dropped due to comfortable supplies and tepid export interest amid adequate existing stocks.
However downside seen limited as weather issues and delayed sowing are keeping cumin prices strong.
In Gujarat, Jeera sowing dropped by 7.74 to 194,775 hectares compared to 211,121 hectares last year.
In Unjha, a major spot market, the price ended at 21450.85 Rupees gained by 0.3 percent.
Dhaniya
SELL DHANIYA DEC @ 10600 SL 10750 TGT 10400-10300. NCDEX
Observations
Dhaniya trading range for the day is 9662-11022.
Dhaniya gained on short covering after prices dropped as sowing rose by 32.62 to 55,333 hectares compared to last year
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 9800.35 Rupees dropped by -0.89 percent.
Turmeric
SELL TURMERIC DEC @ 14600 SL 14800 TGT 14400-14200. NCDEX
Observations
Turmeric trading range for the day is 14302-14762.
Turmeric gained as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
Due to continuous rains in Erode, disease outbreaks have started emerging in some areas.
However upside seen limited amid increase in acreage due to favourable rains during the current sowing season..
In Nizamabad, a major spot market, the price ended at 15026.35 Rupees gained by 1.01 percent.
