Jeera On NCDEX Settled Up By 3.06% At 18180

Jeera on NCDEX settled up by 3.06% at 18180 on account of good demand from local and upcountry buyers. Jeera further improved as supplies seem to be decreased as monsoon hit most parts of Gujarat. Market is expecting higher orders from China as adverse weather has hit production there. Supplies from Turkey and Syria are expected to be lower. Industrial buyers have already sourced sufficient quantity for the domestic requirements but the export demand may pick up as prices have been going down since last one month.

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