Sell Turmeric Jun @ 16000 SL 16200 TGT 15800-15600. NCDEX - Kedia Advisory -
Jeera
SELL JEERA JUN @ 19600 SL 19900 TGT 19300-19100. NCDEX
Observations
Jeera trading range for the day is 18760-19960.
Jeera gained as recent thunderstorms and hail in Rajasthan have damaged the standing crop at the harvest stage, leading to fears of lower supply. Sudden unseasonal rains in North-West India delayed the drying and processing of the new crop, creating a temporary supply gap.
While stocks exist, the percentage of high-quality "Sortex" grade carryover is lower than last year, supporting premium pricing.
In Unjha, a major spot market, the price ended at 19750.3 Rupees gained by 0.1 percent.
Dhaniya
SELL DHANIYA JUN @ 13000 SL 13250 TGT 12750-12600. NCDEX
Observations
Dhaniya trading range for the day is 12706-13166.
Dhaniya gains as latest industry reports confirm a third consecutive year of declining production.
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 12787.45 Rupees gained by 0.15 percent.
Turmeric
SELL TURMERIC JUN @ 16000 SL 16200 TGT 15800-15600. NCDEX
Observations
Turmeric trading range for the day is 15662-16082.
Turmeric gained as arrivals have remained lower than normal for this peak season, creating an immediate supply squeeze.
Ongoing quality issues due to moisture (rhizome rot) in low-lying fields have reduced the availability of "Double Polished" export-quality turmeric.
Farmers are liquidating stocks more rapidly this week to raise liquidity for upcoming Kharif sowing expenses, increasing the immediate supply.
In Nizamabad, a major spot market, the price ended at 15475.45 Rupees dropped by -0.38 percent.
