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2025-05-19 11:08:27 am | Source: Kedia Advisory
Sell Turmeric JUN @ 14750 SL 14900 TGT 14400-14200. NCDEX - Kedia Advisory
Sell Turmeric JUN @ 14750 SL 14900 TGT 14400-14200. NCDEX - Kedia Advisory

JEERA

BUY JEERA JUN @ 21200 SL 20900 TGT 21500-21800. NCDEX

Observations

Jeera trading range for the day is 21130-21990.

Jeera dropped due to lower buying from domestic buyers and subdued export demand.

Pressure also seen due to comfortable supplies and tepid export interest amid adequate existing stocks.

In Feb 2025 around 12,996.88 tonnes of jeera were exported as against 17,083.31 tonnes in Jan 2025 showing a drop of 23.92%.

In Unjha, a major spot market, the price ended at 21989.8 Rupees dropped by -0.64 percent.

 

DHANIYA

BUY DHANIYA JUN @ 7050 SL 6950 TGT 7150-7250. NCDEX

Observations

Dhaniya trading range for the day is 7036-7148.

Dhaniya gains on short covering after prices dropped due to higher arrivals

Total coriander arrivals declined significantly to 34,400 bags as against 40,700 bags recorded 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 7174.15 Rupees dropped by -0.24 percent.

 

TURMERIC

SELL TURMERIC JUN @ 14750 SL 14900 TGT 14400-14200. NCDEX

Observations

Turmeric trading range for the day is 14174-15190.

Turmeric gains amid persistent concerns about low arrivals and lower production estimates.

However upside seen limited due to increased arrivals and owing to weak export enquiries.

Total arrivals rose to around 57,500 quintals, up significantly from 29,860 quintals in the previous session.

In Nizamabad, a major spot market, the price ended at 14602.35 Rupees gained by 0.63 percent.

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