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Spot Jeera Prices Muted in Unjha, Rajkot; Futures Fall

24 Sep 2020 7:24 pm
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Mumbai (Commodities Control) - Spot jeera prices ended quiet on Thursday across the major mandis in the country, after a session of firmness in the last session. Spot prices are unchanged from yesterday’s levels, amid flat-to-increased arrivals and weak futures.


NCDEX October futures ended lower after having recovered in the last session. The most-active contract ended Rs 85 lower at Rs 13,585 per Quintal and November futures was Rs 105 down to close at Rs 13,630 per Quintal.


Unjha arrivals were unchanged at 12,000 bags of jeera on Thursday, as the prices of all jeera varieties were similar to the previous session’s rates. Rough jeera and Best quality was quoted at Rs 2115-2215 and Rs 2465-2515 per 20 Kgs, respectively. NCDEX quality was quoted at Rs 2315-2365 per 20 Kgs and Bombay Bold prices was priced at Rs 2615-2665 per 20 Kgs.


Meanwhile Rajkot mandi reported higher arrivals as compared from the last session, as prices of all jeera varieties ended flat today, after prior sessions of firm prices. Europe and Singapore quality were quoted at Rs 2380-2480 and Rs 2280-2425 per 20 Kgs, respectively. Singapore-Mundhra was quoted flat at Rs 2730-2755 and Discolour variety was priced at Rs 2280-2330 per 20 Kgs, unchanged.

Traders attribute this to the lack of domestic and overseas demand.


Commodity

Market

Variety

Min

Max

Min

Max

Change(Max Today-Prev Max)

Arrival

Jeera

Unjha

Rough (20 Kg)

2115

2215

2115

2215

0

12000

Jeera

Unjha

Ncdex (20 Kg)

2315

2365

2315

2365

0

Jeera

Unjha

Best Quality (20 Kg)

2465

2515

2465

2515

0

Jeera

Unjha

Bombay BOLD (20 Kg)

2615

2665

2615

2665

0

Jeera

Rajkot

Europe Quality (20 Kg)

2380

2480

2380

2480

0

900

Jeera

Rajkot

Singapore Quality (20 Kg)

2280

2425

2280

2425

0

Jeera

Rajkot

Discolor (20 Kg)

2280

2330

2280

2330

0

Jeera

Rajkot

Super Quality (20 Kg)

2480

2530

2480

2530

0

Jeera

Rajkot

Europe - Mundra

2730

2830

2730

2830

0

Jeera

Rajkot

Singapore Mundra

2730

2755

2730

2755

0



       
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