Spot Jeera Loses Rs 45/20Kgs in Unjha This Week, Futures Crashes

Mumbai (Commodities Control) - Spot jeera prices dropped Rs 20 per 20 kgs at Unjha mandi on Thursday for third consecutive session. Meanwhile prices in Rajkot were stable for the second straight session. At Unjha mandi, jeera prices have dropped Rs 45 per 20 Kgs in the last three trade sessions. Even, Futures registered a sharp decline on Thursday.

On NCDEX, December and April futures ended Rs 230 and Rs 215 lower at Rs 13,780 and Rs 13,990 per Quintal.

Today Unjha mandi reported arrivals of 13,000 bags of jeera,unchanged from the last session. Meanwhile all the jeera varieties shed Rs 20 per 20 kgs, here. Rough variety of Jeera was quoted at Rs. 2205-2275 per 20 kg. NCDEX Jeera was priced at Rs. 2320-2425 per 20 kg. Bombay Bold was quoted at Rs. 2585-2675 per 20 kg and Best quality was quoted at Rs 2525-2575.

In Rajkot, jeera varieties were quoted unchanged. Europe Quality was quoted at Rs. 2530-2600, Singapore and Discolour were priced unchanged at Rs. 2440-2540 and Rs. 2390-2440 respectively. Meanwhile super quality was quoted at Rs. 2650-2700,Europe-Mundra at Rs. 2880-2900 and Singapore-Mundra at Rs. 2790-2800 per 20 kg. All the three varieties were priced unchanged. The mandi reported steady arrivals of 800 bags unchanged from last session.