Jeera On NCDEX Settled Down By -0.29% At 18725



Jeera on NCDEX settled down by -0.29% at 18725 on lower than expected demand from exporters. During the last few months China has emerged a major buyer of Indian jeera due to lower output there. 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. As per the trade sources, India's jeera exports rose nearly 25% to around 50,000 tonnes in Apr-Jul from 40,000 tn in the year-ago period due to good demand from China and Bangladesh.

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