Login ID:
Password:
Partner Login
Contact Us : 7066511911

Jeera prices flat at spot, futures fall

19 Jan 2022 8:27 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Unjha 19 January (Commoditescontrol) The prices of Jeera (cumin seed) witnessed a steady tone in the spot markets of Unjha and Rajkot, while futures ended lower.

After continuous ups and down in jeera prices since last week prices were arrested today at the physical markets.

As per a report, a decline of 52% was observed in exports of jeera of December month which were around 13082 tonnes in 2021, while 2020 December had export figures of 27369 tonnes.

Moreover, The 11 months export figures of 2021 February to December are 2,27,682 tonnes against 2,61,618 tonnes in the corresponding period a year ago which shows a fall in exports by 13 %.

The production of the spice this year is expected to drop 30 to 40 % due to low sowing area.

However, export demand is expected to rise in upcoming days, as the production in Syria had fallen by roughly 25-30 percent in 2021, versus the previous year because of political instability.

Arrivals of Jeera at Unjha market were 7800 bags, while Rajkot market had arrivals of 500 bags.

Jeera futures for Jan delivery traded in a range of Rs 17450 to 17650 on the NCDEX today and the current month contract closed at Rs 17450 per quintal, down 125 or 0.71 % from the previous session.

Commodity

Market

Variety

Min

Max

Prev. Min

Prev. Max

Change

Arrivals

Jeera

Unjha

Rough (20 kg)

2560

2860

2560

2860

0

7800

Jeera

Unjha

Ncdex (20 kg)

2410

3160

2410

3160

0

Jeera

Unjha

Best Quality (20 kg)

3160

3260

3160

3260

0

Jeera

Unjha

Bomabay BOLD (20 kg)

3360

3460

3360

3460

0

Jeera

Rajkot

Europe Quality (20 kg)

3310

3360

3310

3360

0

500

Jeera

Rajkot

Singapore Quality (20 kg)

3210

3310

3210

3310

0

Jeera

Rajkot

Discolor (20 kg)

3110

3210

3110

3210

0

Jeera

Rajkot

Super Quality (20 kg)

3360

3410

3360

3410

0

Jeera

Rajkot

Europe - Mundra (20 kg)

3680

3710

3680

3710

0

Jeera

Rajkot

Singapore Mundra (20 kg)

3510

3560

3510

3560

0

(By Commodities control Bureau; +91 9820130172)


       
  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
Coriander seed prices firm spot, futures
Turmeric prices mostly flat, futures firm
Cumin seed prices rise at spot, futures
Red chilli prices steady to firm
Week Ahead: Spice market may witness mixed trend
more
Top 5 News
28 June 2022 18:30 ICE/ZCE Daily Rates Update
28 June 2022 18:30 MDEX/CBOT/DCE/ZCE Daily Rates Update...
Guar seed, gum prices fall, recovering previous day’s ...
Sugar prices continue to trade flat in Mumbai
BMD CPO gains for 2nd day, ends over 1% higher on exter...
Top 5 Special Reports
SOPA seeks rollback of customs duty exemption on edibl...
Pigeon Pea (Akola) — Inflection Point: Trading Near Ran...
Castor Oil (Kadi) — Counter-trend Decline / Next Key Su...
Week Ahead: White Pea prices to remain range bound on l...
Week Ahead: Moong prices unlikely to see fall from curr...
Copyright © CC Commodity Info Services LLP. All rights reserved.