Sell Turmeric OCT @ 20600 SL 20900 TGT 20300-20200. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 21500 SL 21800 TGT 21200-21000. NCDEX
Observations
Jeera trading range for the day is 21170-21670
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 21394.2 Rupees dropped by -0.12 percent.
DHANIYA
SELL DHANIYA OCT @ 15700 SL 15900 TGT 15500-15300. NCDEX
Observations
Dhaniya trading range for the day is 15474-15882.
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 15989 Rupees gained by 0.01 percent
TURMERIC
SELL TURMERIC OCT @ 20600 SL 20900 TGT 20300-20200. NCDEX
Observations
Turmeric trading range for the day is 20304-20824.
Turmeric gained amid a hand-to-mouth supply situation, and fears of El Nino impact.
Prices were up due to deficient rain and fear of the next crop being affected.
The carryforward stocks we had in the past 3-4 years have declined.
In Nizamabad, a major spot market, the price ended at 20336.4 Rupees gained by 1.44 percent.
