Jeera Gained As Supplies Are Reducing Gradually In The Physical Market

Jeera trading range for the day is 16355-16695.

Jeera gained as supplies are reducing gradually in the physical market as new season is coming to an end.

However, expectations of higher output in key growing regions limited the upside.

India's cumin seed output is set to touch 416,000 million tons for 2019, about 9% higher than the previous year.

In Unjha, a key spot market in Gujarat, jeera edged up by 21.9 Rupees to end at 16621.9 Rupees per 100 kg.

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