Sell Turmeric May @ 16600 SL 16900 TGT 16300-16000. NCDEX - Kedia Advisory
JEERA
SELL JEERA MAY @ 20500 SL 20800 TGT 20200-20000. NCDEX
Observations
Jeera trading range for the day is 19600-20760.
Jeera gains as recent thunderstorms and hail in Rajasthan have damaged the standing crop.
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 20269.75 Rupees dropped by -0.42 percent.
DHANIYA
SELL DHANIYA MAY @ 13000 SL 13200 TGT 12800-12600. NCDEX
Observations
Dhaniya trading range for the day is 12672-13048.
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 12800.45 Rupees gained by 0.19 percent.
TURMERIC
SELL TURMERIC MAY @ 16600 SL 16900 TGT 16300-16000. NCDEX
Observations
Turmeric trading range for the day is 16192-16732.
Turmeric gains as arrivals have remained lower than normal for this peak season
Farmers are liquidating stocks more rapidly to raise liquidity for upcoming Kharif sowing expenses, increasing the immediate supply.
Lingering tensions in the Middle East continue to complicate export logistics, causing some buyers to defer commitments.
In Nizamabad, a major spot market, the price ended at 15725.15 Rupees gained by 0.39 percent.
