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Cumin seed fall at spot on weak demand, bearish futures

28 Sep 2022 9:00 pm
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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


       
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