Jeera On NCDEX Settled Up By 1.36% At 17465

Jeera on NCDEX settled up by 1.36% at 17465 on expectation of pickup in export demand at the spot market. Jeera further improved on reports of lower output in other major producing countries-Syria and Turkey. Prices also looks to remain supported following poor supplies due to fag-end of the season and hopes of good export demand. Reports of lower output in other producing countries, Turkey and Syria will help the Indian exporters to clinch more export deals. Expectations of good demand for the coming festive season may also support the upward price trend.

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