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Spot Jeera Softens On Tepid Demand

20 Feb 2020 6:35 pm
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MUMBAI (Commoditiescontrol) - Spot jeera prices moved lower by Rs 10-20 per 20 kg at the major Unjha market in Gujarat amid new crop arrivals and tepid demand.

Today about 5,000 bags of jeera, including 2,500 bags of new crop arrived at the Unjha market. A total of 3,500 bags of new jeera also arrived at the Gondal market today.

The price of rough jeera was at Rs 2430-2530 per 20 kg, while NCDEX variety ruled at Rs 2600-2650 per 20 kg.

According to the traders, the arrival of new jeera has started in all the mandis. However, due to excess moisture, trade was low. At the same time, big buyers stayed away from the market amid expectations of further fall in the price.

Jeera for delivery in March at the National Commodity and Derivatives Exchange (NCDEX) ended higher by Rs 75 or 0.55 percent at Rs 13,765 per quintal, after moving in the range of Rs 13,820 and Rs 13,600 per quintal.

Commodity

Market

Variety

Min

Max

Min Previous Day

Max Previous Day

Change(Max Today-Prev Max)

Arrival

Jeera

Unjha

Rough (20 Kg)

2430

2530

2450

2550

5000

Jeera

Unjha

Ncdex (20 Kg)

2600

2650

2610

2660

Jeera

Unjha

Best Quality (20 Kg)

2730

2830

2750

2850

Jeera

Unjha

Bomabay BOLD (20 Kg)

2900

3000

2910

3010


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