Jeera Futures Closed Lower Yesterday

Jeera futures closed lower yesterday due to profit booking. However, spot prices increased on expectation of higher demand in coming weeks for exports. The NCDEX Aug’16 Jeera contract closed 0.52% down to close at Rs 19,090 per quintal. During last 7 days, futures prices surged 6.56 per cent. The arrivals may slow down as monsoon hit most parts of Gujarat.

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