Sell Turmeric OCT @ 20600 SL 20900 TGT 20300-20100. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 21000 SL 21300 TGT 20700-20500. NCDEX
Observations
Jeera trading range for the day is 20710-21210.
Jeera gains amid a rapid tightening in the supply of premium-quality bold seeds.
While total physical crop availability is stable, the export-grade high-purity bold seed supply is shrinking much faster than anticipated.
Geopolitical instability in the Middle East continues to dampen logistics and demand from key traditional buyers.
In Unjha, a major spot market, the price ended at 20590.85 Rupees dropped by -0.32 percent.
DHANIYA
SELL DHANIYA OCT @ 16500 SL 16800 TGT 16200-16000. NCDEX
Observations
Dhaniya trading range for the day is 16302-16638.
Dhaniya dropped on profit booking and a lack of robust buying interest in the physical markets.
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 15915.4 Rupees dropped by -0.38 percent.
TURMERIC
SELL TURMERIC OCT @ 20600 SL 20900 TGT 20300-20100. NCDEX
Observations
Turmeric trading range for the day is 19526-22314.
Turmeric dropped on profit booking as revival of monsoon activity eased dry-weather fears.
Filling up of key reservoirs in Telangana and Andhra Pradesh ensured reliable water supply for the vegetative phase, dampening crop failure speculation.
Tighter European Union regulations on Maximum Residue Limits (MRLs) led to rejections of non-IPM compliant lots, discounting commercial-grade turmeric prices.
In Nizamabad, a major spot market, the price ended at 19957.4 Rupees dropped by -2.48 percent
