Unjha, September 28 (Commoditiescontrol) Cumin seed prices fell in the physical market on Wednesday amid weak demand and bearish cues from futures. Cumin seed futures dropped nearly 2% on profit-booking.
The physical demand for cumin seed was down from local buyers despite festive season is going on. The exporters have also seen reluctant to increase buying presently in anticipation of more downside in the prices of cumin seed, a trade analyst said.
Cumin seed prices dropped Rs 25 per 20kg in the benchmark market of Unjha today.
Cumin seed futures for delivery in October ended Rs 485 or 1.95% down at Rs 24380 per quintal on the NCDEX while low and high of the session were Rs 24310 and Rs 24915 respectively.
Commodity
|
Market
|
Variety
|
Min
|
Max
|
Prev. Min
|
Prev. Max
|
Change
|
Arrivals
|
Jeera
|
Unjha
|
Rough (20 kg)
|
3925
|
3975
|
3950
|
4000
|
-25
|
9000
|
Jeera
|
Unjha
|
Ncdex (20 kg)
|
4225
|
4325
|
4250
|
4350
|
-25
|
|
Jeera
|
Unjha
|
Best Quality (20 kg)
|
4375
|
4475
|
4400
|
4500
|
-25
|
|
Jeera
|
Unjha
|
Bomabay BOLD (20 kg)
|
4475
|
4575
|
4500
|
4600
|
-25
|
|