Mumbai, July 25 (Commoditiescontrol) Indian spice complex remained bullish last week after which profit-booking activities may be seen but there is least chance of any big fall in the prices of major spices, like cumin seed, coriander seed, turmeric and red chilli in near term, a trade analyst said.
Particularly, cumin seed and red chilli exhibited firmer trend on strong demand from locals as well the exporters. Low carry over stock of cumin seed is supporting its bullish trend, a trade analyst said.
Cumin seed
Cumin seed prices gained last week by Rs 200-1000 per quintal in the physical markets as per demand for the different varieties.
There are five major factors which are supporting positive prices trend in cumin seed.
These factors are :
1. Low carry over stock
2. Empty pipeline so demand is continuously there
3. China buying jeera post covid
4. Arrival are low as farmers n traders holding stocks
5. Rupee weakness supportive exports
6. Last year sowing acreage of cumin seed dropped as some of its area shifted to other profitable crops.
|
Commodity
|
Market
|
Variety
|
23-07-2022
|
16-07-2022
|
Change
|
|
Min
|
Max
|
Min
|
Max
|
|
Jeera
|
Unjha
|
Rough (20 kg)
|
3740
|
3840
|
3700
|
3800
|
40
|
|
Jeera
|
Unjha
|
Ncdex (20 kg)
|
4090
|
4190
|
4000
|
4100
|
90
|
|
Jeera
|
Unjha
|
Best Quality (20 kg)
|
4340
|
4440
|
4150
|
4250
|
190
|
|
Jeera
|
Unjha
|
Bomabay BOLD (20 kg)
|
4440
|
4540
|
4250
|
4350
|
190
|
|
Jeera
|
Rajkot
|
Europe Quality (20 kg)
|
4280
|
4330
|
4200
|
4250
|
80
|
|
Jeera
|
Rajkot
|
Singapore Quality (20 kg)
|
4130
|
4280
|
4000
|
4200
|
80
|
|
Jeera
|
Rajkot
|
Discolor (20 kg)
|
3930
|
4130
|
3800
|
4000
|
130
|
|
Jeera
|
Rajkot
|
Super Quality (20 kg)
|
4330
|
4400
|
4250
|
4350
|
50
|
|
Jeera
|
Rajkot
|
Europe - Mundra (20 kg)
|
5000
|
5025
|
4800
|
4850
|
175
|
|
Jeera
|
Rajkot
|
Singapore Mundra (20 kg)
|
4825
|
4850
|
4600
|
4650
|
200
|
Red chilli
Red chilli prices continued to trade higher last week and this trend is likely to continue further as crop is reportedly damaged in the heavy rains received recently which raised the concerns of low output and weaker supply further this season. As far as demand is concerned, Indian red chilli has attracted good demand from overseas market and local buyers are also seen active. Prices of some varieties of red chilli have hit a new high.
|
Commodity
|
Market
|
Variety
|
23-07-2022
|
16-07-2022
|
Change
|
|
Min
|
Max
|
Min
|
Max
|
|
Chilli
|
Guntur
|
334 - 1kg (Bag -35kg)
|
170
|
265
|
170
|
255
|
10
|
|
Chilli
|
Guntur
|
TEJA
|
180
|
245
|
175
|
233
|
12
|
|
Chilli
|
Guntur
|
SYNGENTA
|
220
|
290
|
210
|
280
|
10
|
|
Chilli
|
Guntur
|
273
|
220
|
280
|
220
|
265
|
15
|
|
Chilli
|
Guntur
|
Endo-5:
|
220
|
280
|
200
|
275
|
5
|
|
Chilli
|
Guntur
|
341
|
230
|
300
|
230
|
290
|
10
|
|
Chilli
|
Guntur
|
4884
|
180
|
220
|
160
|
210
|
10
|
|
Chilli
|
Guntur
|
DD
|
230
|
290
|
220
|
275
|
15
|
|
Chilli
|
Warangal
|
TEJA
|
220
|
250
|
200
|
225
|
25
|
|
Chilli
|
Warangal
|
341
|
280
|
310
|
240
|
265
|
45
|
|
Chilli
|
Warangal
|
W.HOT
|
320
|
356
|
280
|
310
|
46
|
|
Chilli
|
Khammam
|
TEJA
|
210
|
241
|
220
|
225
|
16
|
|
Chilli
|
Khammam
|
FATKI
|
130
|
140
|
130
|
130
|
10
|
Coriander seed
Coriander seed prices remained mixed in the physical market last week as per the demand and supply of the commodity in the different markets. However, futures ended higher despite a drop nearly 1.5% in the last session due to profit-booking and some more profit-booking activities may be seen this week.
|
Commodity
|
Market
|
Variety
|
23-07-2022
|
16-07-2022
|
Change
|
|
Min
|
Max
|
Min
|
Max
|
|
Dhaniya
|
Kota
|
BADAMI Rs 100kg - (Bag 40kg)
|
10800
|
11000
|
10800
|
11000
|
0
|
|
Dhaniya
|
Kota
|
EAGLE
|
10700
|
10800
|
10700
|
10800
|
0
|
|
Dhaniya
|
Ramaganj
|
BADAMI Rs 100kg (Bag
|
10800
|
10900
|
10800
|
10900
|
0
|
|
Dhaniya
|
Ramaganj
|
EAGLE
|
11200
|
11500
|
11200
|
11300
|
200
|
|
Dhaniya
|
Baran
|
BADAMI Rs 100kg (Bag 40kg)
|
10800
|
11000
|
10800
|
11000
|
0
|
|
Dhaniya
|
Baran
|
EAGLE
|
11700
|
11800
|
11700
|
11800
|
0
|
|
Dhaniya
|
Kumbhraj
|
BADAMI
|
10800
|
11000
|
10800
|
11000
|
0
|
|
Dhaniya
|
Kumbhraj
|
EAGLE
|
11200
|
11400
|
11200
|
11500
|
-100
|
|
Dhaniya
|
Guna
|
BADAMI
|
10200
|
10500
|
10400
|
10500
|
0
|
|
Dhaniya
|
Guna
|
SCOOTER
|
11800
|
12200
|
11800
|
11900
|
300
|
|
Dhaniya
|
Guna
|
EAGLE
|
10800
|
11400
|
10800
|
11200
|
200
|
|
Dhaniya
|
Rajkot
|
BADAMI (20 Kg) Bag 40Kg
|
2250
|
2300
|
2250
|
2300
|
0
|
|
Dhaniya
|
Rajkot
|
Eagle(20 Kg)
|
2300
|
2350
|
2300
|
2350
|
0
|
|
Dhaniya
|
Rajkot
|
SCOOTER (20 Kg)
|
2350
|
2400
|
2350
|
2400
|
0
|
Turmeric
Turmeric prices witnessed mixed trend last week which further extend this week as stocks are sufficient and local demand is slow, a trade analyst said. Turmeric futures ended the week a tad up but the commodity witnessed bearish mood.
|
Commodity
|
Market
|
Variety
|
23-07-2022
|
16-07-2022
|
Change
|
|
Min
|
Max
|
Min
|
Max
|
|
Turmeric
|
Erode
|
Gattha
|
6300
|
6500
|
6300
|
6500
|
0
|
|
Turmeric
|
Erode
|
Finger Rs 100kg - Bag75kg
|
7300
|
7500
|
7300
|
7500
|
0
|
|
Turmeric
|
Duggirala
|
Finger Rs 100kg - Bag70kg
|
5700
|
6200
|
5500
|
6300
|
-100
|
|
Turmeric
|
Duggirala
|
Gattha
|
5700
|
6200
|
5500
|
6300
|
-100
|
|
Turmeric
|
Nizamabad
|
Gattha 100 kg- 60 kg
|
6800
|
6800
|
6800
|
6800
|
0
|
|
Turmeric
|
Nizamabad
|
Finger
|
8000
|
8000
|
8000
|
8000
|
0
|
|
Turmeric
|
Nizamabad
|
D P Finger
|
8200
|
8200
|
8200
|
8200
|
0
|
|
Turmeric
|
Nizamabad
|
D P Gattha
|
7200
|
7200
|
7200
|
7200
|
0
|
|
Turmeric
|
Sangli
|
Kadapa
|
6000
|
6600
|
6000
|
6500
|
100
|
|
Turmeric
|
Sangli
|
Rajapuri
|
7900
|
8100
|
7900
|
8000
|
100
|
|
Turmeric
|
Nanded
|
Gattha Rs 100kg - Bag 70Kg
|
6000
|
7200
|
6000
|
7200
|
0
|
|
Turmeric
|
Nanded
|
Finger
|
6500
|
8500
|
6500
|
8500
|
0
|
|
Turmeric
|
Warangal
|
Gattha Rs 100kg - Bag 60Kg
|
5800
|
5800
|
5800
|
5800
|
0
|
|
Turmeric
|
Warangal
|
Finger
|
6200
|
6200
|
6200
|
6200
|
0
|
|
Turmeric
|
Warangal
|
BULB POLISHED
|
6900
|
6900
|
7000
|
7000
|
-100
|
|
Turmeric
|
Warangal
|
FINGER POLISHED
|
7000
|
7000
|
7100
|
7100
|
-100
|
|
Turmeric
|
Kesamudram
|
Gattha Rs 100kg - Bag 75Kg
|
5570
|
5570
|
5500
|
5500
|
70
|
|
Turmeric
|
Kesamudram
|
Finger
|
6310
|
6310
|
5750
|
5750
|
560
|
(By Commodities control Bureau; +91 9820130172)
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