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2026-08-20 10:51:32 am | Source: Kedia Advisory
Sell Turmeric OCT @ 21400 SL 21700 TGT 21100-20900. NCDEX - Kedia Advisory
Sell Turmeric OCT @ 21400 SL 21700 TGT 21100-20900. NCDEX - Kedia Advisory

JEERA

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

Observations

Jeera trading range for the day is 20650-20930.

Jeera ended flat amid a sharp decline in Chinese demand and weak buying from West Asian countries.

Pressure also seen as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow.

Buyers are also trying to source cumin from countries such as Egypt and China, increasing competition.

In Unjha, a major spot market, the price ended at 20554.5 Rupees dropped by -0.09 percent.

 

DHANIYA

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

Observations

Dhaniya trading range for the day is 15888-16896.

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 15805.9 Rupees gained by 0.24 percent.

 

TURMERIC

SELL TURMERIC OCT @ 21400 SL 21700 TGT 21100-20900. NCDEX

Observations

Turmeric trading range for the day is 21002-21462.

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 20093.5 Rupees gained by 0.45 percent.

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