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Jeera prices settled flat on the back of slow export demand, as well as weak buying by stockists. Moreover, expectation of higher production due to favourable weather too fuelled the downtrend. There are reports of lower export orders coupled with reports of good weather in sowing states weighing in prices.
Trading Ideas:
Jeera trading range for the day is 13365-13795.
Jeera prices ended with flat node on the back of slow export demand, as well as weak buying by stockists.
Moreover, expectation of higher production due to favourable weather too fuelled the downtrend.
NCDEX accredited warehouses jeera stocks dropped by 141 tonnes to 743 tonnes.
In Unjha, a key spot market in Gujarat, jeera edged down by -16.65 rupees to end at 14483.35 rupee per 100 kg.
Trading Ideas:
Jeera trading range for the day is 13365-13795.
Jeera prices ended with flat node on the back of slow export demand, as well as weak buying by stockists.
Moreover, expectation of higher production due to favourable weather too fuelled the downtrend.
NCDEX accredited warehouses jeera stocks dropped by 141 tonnes to 743 tonnes.
In Unjha, a key spot market in Gujarat, jeera edged down by -16.65 rupees to end at 14483.35 rupee per 100 kg.
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