Jeera prices are trading weak on poor demand at spot market. There are reports of dwindling stock with the stockiest which may support prices in days to come however good sowing prospects in Gujarat and Rajasthan may pressure the prices as the sowing season commenced next month.
Jeera trading range for the day is 16595-17225.
Jeera prices gained on the back of tight supply from the producing regions.
Good sowing prospects for jeera in Gujarat and Rajasthan are pressurizing the prices as the sowing season is about to commenced.
NCDEX accredited warehouses jeera stocks dropped by 212 tonnes to 1952 tonnes.
In Unjha, a key spot market in Gujarat, jeera edged down by -33.35 rupees to end at 17466.65 rupee per 100 kg.
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