Monday, 3 June 2019

Jeera Prices Dropped On Profit Booking After Prices Gained As Export Demand

Jeera trading range for the day is 17375-17705.

Jeera prices dropped on profit booking after prices gained as export demand of jeera has increased as good quantity of cumin is being exported to China.

Overall due to higher availability this season, exports demand will play a major role in prices movement.

Around 28,400 tonnes of Jeera arrived in physical market during 1-20 May 2019 compared to 15,900 tonnes last year same period.

In Unjha, a key spot market in Gujarat, jeera edged down by -12.5 Rupees to end at 17450 Rupees per 100 kg.

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