Login ID:
Password:
Partner Login
Contact Us : 7066511911

Spot Jeera Prices Rise in Rajkot, Drop in Unjha; Nov Futures Settles Firm

26 Oct 2020 6:00 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Mumbai (Commodities Control) - Spot jeera prices were mixed on the first day of the week, as prices dropped Rs 20 per 20 kgs in Unjha, while upped Rs 20 at Rajkot mandi, for all the varieties.

Prices were steady last Friday at Unjha and Rajkot mandis, after three straight sessions of rise in the latter. Jeera prices were in a downward spiral between 20th-22nd October.


Meanwhile, the futures market ended in green on Monday for November futures at the contract settled Rs 75 higher at Rs 14,160 per Quintal. However the December futures settled lower at Rs 14,260.


Experts are of the opinion that farmers in Gujarat may opt for other rabi crops this time due to remunerative price. Jeera sowing is expected to commence from the end of October in the key growing districts.


Unjha mandi reported arrivals of 18,000 bags vs 17,000 bags in the last session. Rough variety of Jeera dropped Rs 20 at Rs. 2235-2285 per 20 kg. NCDEX Jeera was priced lower at Rs. 2285-2385 per 20 kg in the same mandi. Bombay Bold was quoted at Rs. 2585-2685 per 20 kg.


Meanwhile in Rajkot, Europe quality traded rose at Rs. 2475-2525, Singapore at Rs. 2375-2475, discolour was steady Rs. 2275-2375, super quality at Rs. 2565-2615, Europe-Mundra traded at Rs. 2525-2585 and Singapore-Mundra Rs. 2675-2725 per 20 kg. The mandi reported steady arrivals of 600 bags today vs 1,800 bags on Friday.


Traders confirm that arrivals are rising in Unjha as farmers offloaded old stocks before the commencement of sowing. However, festive buying and overseas demand continues to cushion prices.

26/10/2020

23/10/2020

Jeera

Unjha

Rough (20 Kg)

2235

2285

2255

2305

-20

18000

Jeera

Unjha

Ncdex (20 Kg)

2285

2385

2305

2405

-20

Jeera

Unjha

Best Quality (20 Kg)

2485

2535

2505

2555

-20

Jeera

Unjha

Bomabay BOLD (20 Kg)

2585

2685

2605

2705

-20

Jeera

Rajkot

Europe Quality (20 Kg)

2475

2525

2455

2505

20

600

Jeera

Rajkot

Singapore Quality (20 Kg)

2375

2475

2355

2455

20

Jeera

Rajkot

Discolor (20 Kg)

2275

2375

2255

2355

20

Jeera

Rajkot

Super Quality (20 Kg)

2565

2615

2545

2595

20

Jeera

Rajkot

Europe - Mundra

2515

2575

2506

2555

20

Jeera

Rajkot

Singapore Mundra

2675

2725

2655

2705

20



       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Spot Turmeric Generally Muted amid Dull Demand, Carryov...
Spot Jeera Sheds Rs 10 in Unjha amid Reduced Arrivals; ...
Coriander Futures Crash Further Tracking Dull Spot Cues...
India Spices Export Offer Price - 24 NOVEMBER 2020
Spot Jeera Declines By Rs 10-25/20Kgs in Unjha, Rajkot;...
more
Top 5 News
Spot Turmeric Generally Muted amid Dull Demand, Carryov...
Vegoils Commentary: NCDEX Ref Soy oil stayed flat today...
Pulses Commentary: Chana future stayed flat, market’s ‘...
Oilseeds Commentary: Soybean futures take support of lo...
Chana Traded Mixed in Major Spot Markets
Top 5 Special Reports
USD/INR (Dec ‘20) – Bearish Price Trend / More Downside...
USD/INR (Nov ‘20) – Consolidating Near Key Support (74....
USD/MYR—
USD/CNY & USD/IDR
USD/ARS & USD/BRL—
Copyright © CC Commodity Info Services LLP. All rights reserved.