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Spot cumin seed prices rally taking strong cues form futures

12 Aug 2022 8:13 pm
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Unjha, August 12 (Commoditiescontrol) Cumin seed prices rallied in the physical markets on Friday taking strong cues from the futures. Cumin seed futures hit a fresh high today in anticipation of strong demand from locals and the exporters as well.


The existing stocks of cumin seed is low as the its crop-size was down in the last season. The processors as well as the traders have raised their buying which led a strong rally, a trade analyst said.


Cumin seed for delivery in September Rs 960 or 4% higher at Rs 24990 per quintal while low of the session was Rs 24030.

Commodity

Market

Variety

Min

Max

Prev. Min

Prev. Max

Change

Arrivals

Jeera

Unjha

Rough (20 kg)

3950

4050

3900

4000

50

11000

Jeera

Unjha

Ncdex (20 kg)

4350

4450

4300

4400

50

Jeera

Unjha

Best Quality (20 kg)

4550

4650

4500

4600

50

Jeera

Unjha

Bomabay BOLD (20 kg)

4750

4850

4700

4800

50

(By Commodities control Bureau; +91 9820130172)


       
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