Sell Turmeric Jun@ 16150 SL 16350 TGT 15900-15700. NCDEX - Kedia Advisory
Jeera
SELL JEERA JUN @ 19800 SL 20100 TGT 19500-19300. NCDEX
Observations
Jeera trading range for the day is 19260-19940.
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 19830.45 Rupees dropped by -0.43 percent.
Dhaniya
SELL DHANIYA JUN @ 13000 SL 13250 TGT 12750-12600. NCDEX
Observations
Dhaniya trading range for the day is 12758-13070.
Dhaniya dropped on profit booking as arrivals have accelerated after fiscal year-end activities in late March.
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 12713.55 Rupees dropped by -0.14 percent.
SELL TURMERIC JUN @ 16150 SL 16350 TGT 15900-15700. NCDEX
Observations
Turmeric trading range for the day is 15872-16168.
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 15553.1 Rupees gained by 0.5 percent.
