Sell Turmeric OCT @ 20500 SL 20800 TGT 20200-20000. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 21300 SL 21600 TGT 21000-20800. NCDEX
Observations
Jeera trading range for the day is 20820-21560.
Jeera dropped as farmers are aggressively liquidating stocks to generate immediate cash flow for the upcoming season.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected.
Large industrial spice grinders are staying away from bulk purchases, waiting for the market to bottom out.
In Unjha, a major spot market, the price ended at 21237.35 Rupees dropped by -0.67 percent.
DHANIYA
SELL DHANIYA OCT @ 16100 SL 16300 TGT 15800-15600. NCDEX
Observations
Dhaniya trading range for the day is 15518-16282.
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 15904.8 Rupees gained by 0.36 percent.
TURMERIC
SELL TURMERIC OCT @ 20500 SL 20800 TGT 20200-20000. NCDEX
Observations
Turmeric trading range for the day is 19716-20940.
Turmeric dropped as revival of monsoon activity across Maharashtra, Telangana, and North Karnataka eased dry-weather fears.
Tighter European Union regulations on Maximum Residue Limits (MRLs) led to rejections of non-IPM compliant lots, discounting commercial-grade turmeric.
Filling up of key reservoirs in Telangana and Andhra Pradesh ensured reliable water supply for the vegetative phase, dampening crop failure speculation.
In Nizamabad, a major spot market, the price ended at 20336.4 Rupees gained by 1.44 percent
