Jeera On NCDEX Settled Up 3.85% At 20075



Jeera on NCDEX settled up 3.85% at 20075 on account of tight supplies from the producing belts. Moreover, dwindling supplies with stockists may further push Jeera prices higher during the off-season. According to Dept of Commerce data, the exports of Jeera in the first month of 2016-17 increased by more than 50.7% at 13, 525 tonnes compared to last year same month. Moreover, export of jeera during 2015-16 is 93,078 tonnes compared to 1.56 lt exported last year same period. As per 4thadvance estimate of Gujarat State for 2015-16, production is pegged at 2.38 lt compared to 1.97 lt in 2014-15. In 2013-14, production was 3.46 lt.

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