Jeera On NCDEX Settled Up By 1.04% At 17445

Jeera on NCDEX settled up by 1.04% at 17445 on tight stocks position due to lower supply from the major producing belts. Though, some gains were capped due to reports of good progress of Jeera sowing in Gujarat. Jeera sowing in Gujarat and Rajasthan have started. As on now, Gujarat farmers have planted jeera in 1, 41,100 hectares, up by 122.5% compared to last year acreage. The stock position in NCDEX warehouse is at lower level compared to last year stocks. Last year stocks were about 5,336 tonnes.

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