Tuesday, February 7, 2017

Jeera trading range for the day is 16985-17855. Jeera prices ended with losses on account of subdued demand from local parties at the spot market.  Further, anticipations of pick up in supplies on new season crops from the producing belts too fuelled the downtrend.  Jeera output in India may fall by 12 per cent to 387,000 tonnes during 2016-17 due to lower acreage and adverse weather conditions. In Unjha, a key spot market in Gujarat, jeera edged down by -100 Rupees to end at 18250 Rupees per 100 kg. 
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