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JEERA

SELL JEERA NOV @ 26500 SL ABOVE 26800 TGT 25800. NCDEX

Observations

Jeera trading range for the day is 25830-26770.

Jeera gained amid rising export demand and tightening global as well as domestic supplies.

Concerns over weather conditions and limited water supply due to the El Niño phenomenon are adding to the upward price pressure in jeera.

With Syrian supplies remaining minimum, demand for Indian cumin seed is higher.

In Unjha, a major spot market, the price ended at 26268.05 Rupees dropped by 0.12 percent

DHANIYA

BUY DHANIYA DEC @ 15600 SL BELOW 15300 TGT 16200. NCDEX

Observations

Dhaniya trading range for the day is 15230-16220.

Dhaniya gained on short covering after prices dropped as adequate soil moisture and cooler night temperatures across key belts.

Processing units and bulk masala manufacturers scaled back purchases, citing expensive physical quotes.

The seasonal dispatch peak seen ahead of Diwali and regional festivities has tapered off.

In Gondal, a major spot market, the price ended at 16011.35 Rupees gained by 0.01 percent.

TURMERIC

SELL TURMERIC DEC @ 26500 SL ABOVE 26800 TGT 25800. NCDEX

Observations

Turmeric trading range for the day is 25660-27250.

Turmeric dropped amid active profit booking after prices rallied due to prevailing tight pipeline supplies and lower overall acreage estimates.

Overseas inquiries from key destinations in Bangladesh, the Middle East, and Southeast Asia slowed down temporarily as buyers waited for price stability.

Physical trade sentiment across Nizamabad, Sangli, and Erode turned slightly cautious, with traders noting that physical off-take thinned out at current price quotes.

In Nizamabad, a major spot market, the price ended at 24981.5 Rupees dropped by 0.75 percent.