Agri Commodity News Upadte By Ripples Advisory

Jeera trading range for the day is 17235-17725. Jeera prices ended with losses on reports of good climatic conditions and hopes of higher yield in the season crop. Pressure also seen amid expectation of increase in Jeera area in Gujarat state mainly in Saurashtra and Kutch zone current year. India imported around 2,550 ton jeera during Apr-Oct as against negligible in the previous year. In Unjha, a key spot market in Gujarat, jeera edged down by -21.35 rupees to end at 18555.75 rupee per 100 kg

 

Turmeric trading range for the day is 6766-6934. Turmeric prices gained supported by surging domestic as well as exports demand in the spot market. However upside was limited on reports of higher output and scattered commencement of crop supplies in the producing centres. In Sangli (Maharashtra), new Turmeric crop coming to the market with small quantity around 450 bags. In Nizamabad, a major spot market in AP, the price ended at 7325 rupees gained 25 rupees.

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