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2026-08-17 09:52:03 am | Source: Kedia Advisory
Sell Turmeric Oct @ 20900 SL 21200 TGT 20600-20400. NCDEX - Kedia Advisory
Sell Turmeric Oct @ 20900 SL 21200 TGT 20600-20400. NCDEX - Kedia Advisory

Jeera

SELL JEERA SEP @ 20800 SL 21000 TGT 20500-20300. NCDEX

Observations

Jeera trading range for the day is 20540-20880.

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.

India’s jeera exports declined 34% YoY to 10,713 tonnes in June-2026 from 16,322 tonnes in June-2025.

In Unjha, a major spot market, the price ended at 20517.9 Rupees dropped by -0.22 percent.

 

Dhaniya

SELL DHANIYA OCT @ 16300 SL 16500 TGT 16100-15900. NCDEX

Observations

Dhaniya trading range for the day is 15990-16486.

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 15626.35 Rupees gained by 0.68 percent.

 

Turmeric

SELL TURMERIC OCT @ 20900 SL 21200 TGT 20600-20400. NCDEX

Observations

Turmeric trading range for the day is 19114-21754.

Turmeric gains amid a hand-to-mouth supply situation, and fears of El Nino impact the crop

The carryforward stocks we had in the past 3-4 years have declined.

Continued dry conditions during the early growth and development stages could adversely affect yields, thereby further supporting prices.

In Nizamabad, a major spot market, the price ended at 20110.5 Rupees gained by 0.94 percent.

 

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