NCDEX JEERA, OPEN INTEREST UP BY 6.28%

• Jeera trading range for the day is 14730-16190.
• Jeera settled down by -2.66% at 15355 due to profit-booking at prevailing higher levels. Moreover, lower demand in the spot market against higher supplies from producing regions mainly kept pressure on  jeera prices. 
• At Rajkot market, total arrivals are at 720 quintals, down by 160 quintals as against previous day.
• Jeera exports have been 87,500 tonnes in the first six months (Apr-Sep) of 2014-15, a rise of 25% from the corresponding period of the previous. 
• In Unjha, a key spot market in Gujarat, jeera edged down by -75.8 rupees to end at 15134.2 rupee per 100 kg.  
• Technically market is under fresh selling as market has witnessed gain in open interest by 6.28% to settled at 11670 while prices down -420 rupee.