Wednesday, February 15, 2017

Jeera trading range for the day is 16655-17155. Jeera gained on short covering after pressure seen due to commencement of arrivals of new crop in the producing markets of Gujarat.  Quality of new crop jeera is good but moisture is slightly higher due to cold weather conditions in producing areas.  Jeera output in Gujarat is expected to be higher compared to last year due to favourable weather conditions.  In Unjha, a key spot market in Gujarat, jeera edged down by -108.4 Rupees to end at 17696.15 Rupees per 100 kg. 
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