Buy Turmeric Oct @ 12000 SL 11750 TGT 12250-12400. NCDEX - Kedia Advisory
JEERA
BUY JEERA SEP @ 19200 SL 19000 TGT 19500-19700. NCDEX
Observations
Jeera trading range for the day is 19000-19740.
Jeera dropped due to weak domestic and export demand post retail season.
Jeera exports during Apr - June 2025, dropped by 19.57 percent at 59,247.76 tonnes as compared to g Apr - June 2024
GST council lowers GST rate to 5% which will support FMCG exports & domestic demand.
In Unjha, a major spot market, the price ended at 19761.6 Rupees dropped by -0.16 percent.
DHANIYA
SELL DHANIYA SEP @ 8100 SL 8200 TGT 8000-7900. NCDEX
Observations
Dhaniya trading range for the day is 7590-8926.
Dhaniya dropped on profit booking after prices gained due to shortage of good quality stocks in the market.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7985 Rupees dropped by -0.34 percent.
TURMERIC
BUY TURMERIC OCT @ 12000 SL 11750 TGT 12250-12400. NCDEX
Observations
Turmeric trading range for the day is 11912-12424.
Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.
However downside seen limited as recent rainfall has caused damage to standing turmeric crops in major growing regions.
IMD forecast of normal to below-normal rainfall in September in some parts of South India has raised concerns for turmeric growers.
In Nizamabad, a major spot market, the price ended at 13355.3 Rupees dropped by 0 percent.
