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Jeera prices rise sharply on strong demand

27 Jan 2022 8:19 pm
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Unjha, 27 January (Commoditiescontrol) Jeera prices rose sharply for the second time in the same week. Prices jumped in both spot markets and futures also ended firm.

Jeera futures trended upward in the morning session by Rs 500 per quintal, which had a good impact on the spot markets as well.

Unjha market jeera gained about Rs 80 per 20 kg , while Rajkot market gained upto Rs 150 per 20 kg.

However, export demand is still limited at Unjha market, it is expected export demand will be higher in upcoming months, from European and American countries, said a trader.

Arrivals were increased as well at both the spot markets. Unjha market had 11000 bags of jeera, while Rajkot market had 2000 bags of 60 kg each.

Jeera for delivery in March on the NCDEX ended Rs 145 or 0.75% up at Rs 19,410 per quintal while low and high of the session were Rs 19310 and Rs 19950 respectively.

Commodity

Market

Variety

Min

Max

Prev. Min

Prev. Max

Change

Arrivals

Jeera

Unjha

Rough (20 kg)

3020

3120

2940

3040

80

11000

Jeera

Unjha

Ncdex (20 kg)

3120

3220

3040

3140

80

Jeera

Unjha

Best Quality (20 kg)

3220

3320

3140

3240

80

Jeera

Unjha

Bomabay BOLD (20 kg)

3420

3500

3340

3420

80

Jeera

Rajkot

Europe Quality (20 kg)

3550

3650

3400

3500

150

2000

Jeera

Rajkot

Singapore Quality (20 kg)

3500

3550

3350

3400

150

Jeera

Rajkot

Discolor (20 kg)

3400

3500

3250

3350

150

Jeera

Rajkot

Super Quality (20 kg)

3550

3650

3400

3500

150

Jeera

Rajkot

Europe - Mundra (20 kg)

3850

3950

3700

3800

150

Jeera

Rajkot

Singapore Mundra (20 kg)

3800

3830

3650

3680

150

(By Commodities control Bureau; +91 9820130172)


       
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