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Spot Jeera Prices Remain Range-Bound

27 Feb 2020 9:35 pm
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MUMBAI (Commoditiescontrol) - Spot jeera prices remained range-bound at the major Unjha market in Gujarat on Thursday amid new crop arrivals, shortage of good qualit stock and on expectations of higher proruction.

Today about 6,000 bags of jeera arrived at the Unjha market. The price of rough jeera was at Rs 2,430-2,530 per 20 kg, while NCDEX variety ruled at Rs 2600-2650 per 20 kg.

According to traders, moisture content in the new jeera is very high. At the same time, due to local dispute, Rajkot market remained closed today.

Jeera production in the country is expected to increase by about 25 percent this year.

Jeera for delivery in March at the National Commodity and Derivatives Exchange (NCDEX) ended higher by Rs 30 at Rs 13,620 per quintal.

Commodity

Market

Variety

Min

Max

Min

Max

Change(Max Today-Prev Max)

Arrival

Jeera

Unjha

Rough (20 Kg)

2430

2530

2430

2530

6000

Jeera

Unjha

Ncdex (20 Kg)

2600

2650

2600

2650

Jeera

Unjha

Best Quality (20 Kg)

2730

2830

2730

2830

Jeera

Unjha

Bomabay BOLD (20 Kg)

2900

3000

2900

3000


       
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