In Spices complex, turmeric was victimized the most as good rains in Andhra Pradesh may revive yield in crop cause selling. Jeera due to improvement in physical demand managed to hold on to its gain. Cardamom moved up on bargain hunting, pepper continues to trade in narrow range.

Arrivals at The Kerala Cardamom Processing and Marketing Company Limited, Thekkady stood at 49859 kgs. and average traded rate was Rs. 627 kgs. due to good rains and slack demand cardamom prices continue to edge lower and in the auction prices were weak by Rs. 15/kg

Turmeric prices crashed due to good rains in Andhra Pradesh and slack physical demand but overall stock scenario in country doesn't indicate sharp downside from present levels Prices may remain marginally weak.

Jeera prices remained firm as due to festive season domestic demand is seen improving but weather scenario doesn't indicates very bullish scenario for jeera as present weather conditions is seen supportive for sowing and may result into bumper crop.

Pepper, still not able to give breakout and trading in narrow range. Present weather conditions are favorable for pepper crop but international market continue to remain firm in pepper which mat limit the downside in pepper.

Due to good domestic demand jeera may trade sideways to up. Pepper expected to trade sideways to down. Turmeric may move up on bargain hunting. Cardamom may move up on bargain hunting. Mentha oil we recommend to buy at dips.