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Spot Jeera Prices Rise Rs 10/20Kgs, Futures End Higher for Second Straight Session

27 Jan 2021 5:51 pm
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Mumbai (Commodities Control) - Spot jeera prices were firm-to-steady in Unjha and Rajkot on Wednesday. The spice was quoted Rs 10/20 Kgs higher on Wednesday. Meanwhile futures closed higher for March and April futures, for the second consecutive session, on NCDEX today.

March futures on NCDEX ended Rs 255 higher and the April futures settled Rs 160 stronger at Rs 13,385 and Rs 13,210 respectively.


Today Unjha mandi reported arrivals of 5,000 bags vs 5,500 bags in the last session. All the jeera varieties were priced Rs 10/20Kgs higher. Rough variety of Jeera was quoted at Rs. 2,105-2,175 per 20 kg. NCDEX Jeera was priced at Rs. 2,225-2,325 per 20 kg. Bombay Bold was quoted at Rs. 2,500-2590 per 20 kg and Best quality was quoted at Rs 2,425-2,475.


In Rajkot, all the jeera varieties are steady. The mandi reported arrivals of 850 bags vs 350 bags in the last session.


Traders are focusing on the ongoing sowing in Gujarat. The weather conditions remain supportive and traders are keeping out of buying large quantities in wholesale markets ahead of new arrivals from next month.


Commodity

Market

Variety

Price

Price

Prev_Price

Prev_Price

Change(Max Today-Prev Max)

Arrival

Jeera

Unjha

Rough (20 Kg)

2105

2175

2095

2165

10

5000

Jeera

Unjha

Ncdex (20 Kg)

2225

2325

2215

2315

10

Jeera

Unjha

Best Quality (20 Kg)

2425

2475

2415

2465

10

Jeera

Unjha

Bomabay BOLD (20 Kg)

2500

2590

2490

2580

10

Jeera

Rajkot

Europe Quality (20 Kg)

2380

2430

2380

2430

0

850

Jeera

Rajkot

Singapore Quality (20 Kg)

2330

2380

2330

2380

0

Jeera

Rajkot

Discolor (20 Kg)

2280

2330

2280

2330

0

Jeera

Rajkot

Super Quality (20 Kg)

2430

2530

2430

2530

0

Jeera

Rajkot

Europe - Mundra

2755

2780

2755

2780

0

Jeera

Rajkot

Singapore Mundra

2630

2655

2630

2655

0



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