Jeera trading range for the day is 19515-19835.Jeera hold 19700 level as support seen after the domestic buyers actively started procuring, while the fundamentals are strong in Jeera as limited stock is left in the markets.Jeera sowing will start soon as the farmers are waiting for the temperature to cool down once sowing starts demand will back in the market and prices are expected to test 20000 levels soon.Market participants see cumin seed acreage increasing by about 8-10% in Gujarat and the bordering districts of Rajasthan in 2017-18, following attractive prices that the seed spice fetched farmers last year.In Unjha, a key spot market in Gujarat, jeera remains unchanged at0 Rupees to end at 19090.6 Rupees per 100 kg.
For
MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664
No comments:
Post a Comment