Jeera On NCDEX Settled Up 1.34% At 18965

Jeera on NCDEX settled up 1.34% at 18965 in wake of good export demand at lower levels. Support seen since last month as Demand from China coupled with availability of quality produce has pushed jeera exports by almost 181 per cent during the first quarter of this fiscal. International markets are eyeing ion Indian market as Geo-political tension restricted jeera supply from Turkey and Syria, thereby making India the single most preferred source of jeera supply in the world market. According to trade sources, India has exported about 45,000 tonnes jeera in first quarter of current financial year as against 16,000 tonnes in corresponding period of 2015.'

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