Jeera On NCDEX Settled Down -0.99% At 17425



Jeera on NCDEX settled down -0.99% at 17425 on profit booking after prices gained due to dwindling supplies and tight stocks. In 2016- 17, the output of jeera is seen falling in other major producers Syria and Turkey to 10,000 ton and 12,000 ton respectively from 15,000 ton and 17,000 ton in 2015-16, report added. As per market source, India is likely to export 40,000- 45,000 ton more jeera in coming months. As per fourth advance estimate of Gujarat State for 2015-16, jeera production is pegged at 238,000 ton as against 197,000 ton a year ago.

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