Jeera Dropped On Profit Booking After Prices Gained On Good Export Demand Hopes

Jeera trading range for the day is 16140-16680.

Jeera dropped on profit booking after prices gained on good export demand hopes as output in Syria and Turkey.

Currently, export demand is almost zero and production is expected to increase in the coming season.

As per data arrivals of jeera in Gujarat is about 30,000 tn compared to 7,500 tn last year same period.

In Unjha, a key spot market in Gujarat, jeera edged up by 11.05 Rupees to end at 16643.75 Rupees per 100 kg.

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