Sell Turmeric OCT @ 22200 SL 22500 TGT 21900-21700. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 20900 SL 21200 TGT 20600-20300. NCDEX
Observations
Jeera trading range for the day is 20350-21070.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow for the Kharif sowing season.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected, accelerating the delivery timeline.
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 20606.3 Rupees dropped by -0.37 percent.
DHANIYA
SELL DHANIYA OCT @ 16300 SL 16500 TGT 16100-15900. NCDEX
Observations
Dhaniya trading range for the day is 16044-16384.
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 15777.55 Rupees dropped by -0.35 percent.
TURMERIC
SELL TURMERIC OCT @ 22200 SL 22500 TGT 21900-21700. NCDEX
Observations
Turmeric trading range for the day is 21398-22730.
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 20437.3 Rupees gained by 0.26 percent.
