CAPITALSTARS WEDNESDAY AGRI MARKET NEWS UPDATE

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Cardamom trading range for the day is 1413.8-1489.8 - Kedia Commodity

Turmeric

Turmeric trading range for the day is 6602-6778.

Turmeric prices seen supported tracking firmness in spot demand on lower arrival. Prices also seen supported on anticipation of upcountry demand and on poor quality stocks.
NCDEX accredited warehouses turmeric stocks gained by 91 tonnes to 4459 tonnes.
In Nizamabad, a major spot market in AP, the price ended at 6930.95 Rupees gained 21.55 Rupees.
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Jeera

Jeera trading range for the day is 19220-19960.

Jeera prices ended with gains amid pick-up in domestic as well as exports demand at the spot market.
However, upside seen limited due to improved rains in the central Gujarat major Jeera producing area. NCDEX accredited warehouses jeera stocks gained by 267 tonnes to 2933 tonnes.
In Unjha, a key spot market in Gujarat, jeera edged up by 50 Rupees to end at 19500 Rupees per 100 kg.
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Cardamom

Cardamom trading range for the day is 1413.8-1489.8.

Cardamom dropped on profit booking after prices gained because of heavy losses to crop due to recent floods and good export hopes.
Arrivals of the new crop of cardamom have started at the auction centres in Bodinayakanur in Tamil Nadu and Vandanmedu in Kerala.
Export of cardamom from the country during 2017-18 spurted 48% to 5,680 ton from 3,850 ton a year ago.
Cardamom prices in spot market dropped by 2.00 rupees and settled at 1385.00 rupees.
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