TURMERIC

Turmeric trading range for the day is 5714-5834.

Turmeric prices dropped as supply improved in the spot markets as a result of increased mandi arrivals.

Pressure also seen amid reports of higher carry forwards stocks from last year due to higher production.

Production for the marketing year 2020-21 is expected to be around 5.20 lakh tonnes on the preliminary basis.

In Nizamabad, a major spot market in AP, the price ended at 5650 Rupees gained 26.1 Rupees.

JEERA

Jeera trading range for the day is 14070-14530

Jeera dropped on profit booking after prices seen supported by a likely fall in the acreage in the 2020-21 (Oct-Sep) rabi season

Rabi sowing in Gujarat has kicked-off with farmers looking at a blooming season amid ample water availability following a good monsoon.

Farmers in Gujarat and Rajasthan may opt for other rabi crops due to remunerative prices.

In Unjha, a key spot market in Gujarat, jeera edged down by -20.4 Rupees to end at 14073.35 Rupees per 100 kg

DHANIYA

Dhaniya trading range for the day is 6478-6946.

Dhaniya dropped on profit booking after seen supported due to expectations of a fall in sowing area in the 2020-21

Supply of coriander in the key markets of Gujarat, Madhya Pradesh and Rajasthan has started waning.

There are reports that some of the crop arrived in physical markets of Rajasthan and Madhya Pradesh is rain damaged.

In Kota spot market in Rajasthan the prices dropped -51.35 Rupees to end at 6574.2 Rupees per 100 kg.

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