Wednesday, March 8, 2017

  • Jeera March future closed higher on Tuesday and continues its sideways movement since last week due to higher arrivals and good demand. 
  • There are expectations of increase in export demand at slightly lower levels. 
  • Market participants continue to short sell and rolling over their positions to April contracts. 
  • The arrivals of jeera in Gujarat are improving so as the demand. As per Agmarknet data, during Feb 27- Mar 4 about 9,901 tonnes of jeera arrived compared to 6,273 tonnes in the previous week.
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