Jeera On NCDEX Settled Down -0.13% At 18575

Jeera on NCDEX settled down -0.13% at 18575 on the account of limited demand by stockiets.However, downside seen limited as the countries like China and Bangladesh have reported strong demand of Indian jeera in local mandies. The export demand may pickup due to good demand from China and other countries, as stock levels have been lower. According to Dept of Commerce, the exports of Jeera in the first two month of 2016-17 increased by more than 82.5% at 33,908 tonnes compared to last year same time.

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