Ahmedabad, April 29 (CommoditiesControl): Today, in Gujarat's cumin market, prices witnessed a notable increase of Rs 50 per 20 kg due to local trading at lower levels. The uptick in prices can be attributed to improved demand within the market. Traders note that while there was demand for exports in the previous week, it has currently stagnated. However, potential buying from China and other countries in the future could provide support to the market. Presently, China's purchasing activity remains low, but increased procurement could further bolster prices.
Around 18,000 sacks arrived in Unja Mandi today, comprising 10,000 bags from Rajasthan and 8,000 local bags from nearby areas. The price of rough cumin ranged between Rs 3,750-4,050 per 20 kg, while the best quality commanded prices of Rs 4,400-4,600 per 20 kg. Bombay Bold cumin was priced at Rs 4,600-5,300 per 20 kg.
In Gondal Mandi, prices ranged from Rs 4,351 to Rs 4,471 per 20 kg, with an arrival of 892 bags. Meanwhile, in Rajkot Mandi, around 1,400 bags arrived, and prices were reported between Rs 3,800 and Rs 4,451 per 20 kg.
Jeeraunjha contract for MAY delivery settled at Rs 22515/quintal showing an fall of Rs -185 over previous close of Rs 22700/quintal,The contract moved in the range of Rs 22410-22695 for the day. Open interest decreased by -273 MT to 2181 MT, while trading volume increased by 117 to 594 MT.
Jeeraunjha contract for JUN delivery settled at Rs 22100/quintal showing an fall of Rs -180 over previous close of Rs 22280/quintal,The contract moved in the range of Rs 22050-22275 for the day. Open interest increased by 171 MT to 1134 MT, while trading volume decreased by -12 to 279 MT
Jeeraunjha contract for JUL delivery settled at Rs 23050/quintal showing an was simillar of Rs 0 over previous close of Rs 23050/quintal,The contract moved in the range of Rs 23050-23050 for the day. Open interest was simillar by 0 MT to 0 MT, while trading volume was simillar by 0 to 0 MT
Currently The spread between MAY and JUN contract is 415 Rs/quintal.
Currently The spread between JUN and JUL contract is -950 Rs/quintal.
Currently The spread between MAY and JUL contract is -535 Rs/quintal.
JeeraUnjha stock in NCDEX accredited warehouse as on 29-Apr-2024, was NA MT
(By Commoditiescontrol Bureau: +91 9820130172)
0 Comments 
Post Comment 
