Jeera Futures Fell On Tuesday,

Jeera futures fell on Tuesday, due to sufficient availability of jeera in the physical market as stockists are selling in the domestic market. NCDEX Oct’16 Jeera closed 2.55% down to close at Rs 16,845 per quintal. The physical stocks are dwindling with the stockists but anticipation of good crop in the next season pressurizes the prices. According to the trade sources, jeera exports may have raise by 29% to 58,000 tonnes in Apr-Aug compared to last year figure of 45,000 tonnes.

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