Tuesday 25 June 2019

Jeera Dropped On Profit Booking After Prices Gained From Estimates

Jeera trading range for the day is 17005-17475.

Jeera dropped on profit booking after prices gained from estimates of lower output this year.

According to third advance estimates by the government, India's cumin seed output in 2018-19 crop year is 5 lakh tons.

Good news for India's cumin exporters is that its yield in Syria will be lower this year.

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