Sell Turmeric OCT @ 20700 SL 21000 TGT 20400-20100. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 21000 SL 21300 TGT 20700-20500. NCDEX
Observations
Jeera trading range for the day is 20740-21080.
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 21160 Rupees dropped by -0.1 percent.
DHANIYA
SELL DHANIYA OCT @ 15600 SL 15900 TGT 15300-15200. NCDEX
Observations
Dhaniya trading range for the day is 15074-15882.
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 15857.8 Rupees dropped by -0.64 percent.
TURMERIC
SELL TURMERIC OCT @ 20700 SL 21000 TGT 20400-20100. NCDEX
Observations
Turmeric trading range for the day is 20420-20720.
Turmeric gained amid a hand-to-mouth supply situation, and lower-than-expected sowing expansion in key growing regions.
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 20413.35 Rupees gained by 0.98 percent.
