Jeera On NCDEX Settled Down By -0.88% At 19230



Jeera on NCDEX settled down by -0.88% at 19230 on lower domestic and exports demand at the spot market. Furthermore, ample stocks position following higher supplies from major growing regions in Gujarat and Rajasthan too fuelled the downtrend. Recently, Gujarat Agriculture Department in its 3rd advance estimates for 2016/17 has revised down the production estimates to 2.12 lt, down 4% from its 2nd estimates and almost 11% compared to last year production of 2.38 lt.

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