Sell Turmeric trading range for the day is 19002-21906 - Kedia Advisory
Jeera
SELL JEERA AUG @ 21100 SL 21400 TGT 20800-20600. NCDEX
Observations
Jeera trading range for the day is 20720-21300.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow for the Kharif sowing season.
While total physical crop availability is stable, export-grade high-purity bold seed supply is shrinking much faster than anticipated.
India's jeera exports declined sharply by 26% YoY to 17,177 tonnes in May-2026, compared with 23,206 tonnes in May-2025.
In Unjha, a major spot market, the price ended at 20789.95 Rupees dropped by -0.18 percent.
Dhaniya
SELL DHANIYA AUG @ 15900 SL 16100 TGT 15600-15400. NCDEX
Observations
Dhaniya trading range for the day is 15380-16076.
Dhaniya gains as latest industry reports confirm a third consecutive year of declining production.
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 15704.35 Rupees gained by 0.21 percent.
Turmeric
SELL TURMERIC AUG @ 21000 SL 21300 TGT 20700-20500. NCDEX
Observations
Turmeric trading range for the day is 19002-21906.
Turmeric prices gained amid fears of El Nino impact the crop that is currently being sown.
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 20028.75 Rupees gained by 0.51 percent.
