Sell Turmeric OCT @ 22400 SL 22700 TGT 22100-21800. NCDEX - Kedia Advisory
JEERA
SELL JEERA OCT @ 23900 SL 24200 TGT 23600-23400. NCDEX
Observations
Jeera trading range for the day is 23150-24330.
Jeera gained 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 32% YoY to 9,318 tonnes in July-2026 from 13,779 tonnes in July-2025.
In Unjha, a major spot market, the price ended at 23642.1 Rupees dropped by -0.05 percent.
DHANIYA
SELL DHANIYA OCT @ 15300 SL 15500 TGT 15100-15000. NCDEX
Observation
Dhaniya trading range for the day is 14938-15682.
Dhaniya gained as firm physical-market prices and tight availability supported buying interest.
Rajasthan markets continue to quote elevated coriander seed prices, while weather uncertainty ahead of the new crop is adding a risk premium.
India’s dhaniya exports declined 16% YoY to 2,703 tonnes in July-2026 from 3,233 tonnes in July-2025.
In Gondal, a major spot market, the price ended at 15338.6 Rupees gained by 0.03 percent.
TURMERIC
SELL TURMERIC OCT @ 22400 SL 22700 TGT 22100-21800. NCDEX
Observations
Turmeric trading range for the day is 21964-22784.
Turmeric prices rallied as drought conditions in Karnataka have severely affected turmeric cultivation, raising concerns over crop.
Prices were up due to deficient rain and fear of the 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 21037.7 Rupees dropped by -1.08 percent.
