Jeera Gained On Short Covering After Prices Drooped Tracking Weakness

Jeera trading range for the day is 15185-15545.

Jeera gained on short covering after prices drooped tracking weakness in spot demand due to expectations of higher output.

India's cumin seed output is set to touch 416,000 tons for 2018-19 season, about 9% higher than the previous year.

Amid increased production and a carryover stock of about 27,500 tons, the trade has set its eyes on the crop from international suppliers.

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