Last Updated : March 12, 2010 17:15
Jeera falls as arrivals improves
Benchmark Unjha prices of
Jeera were quoted at lower rates due to improved arrivals and reduced offtakes. Arrivals increased to 27-28 thousand bags.
Prices at the futures traded in bearish manner since the beginning of the session and shredded earlier gains of the day and hit the lower circuit of 2% and below on Thursday.
Demand from overseas remains to be lackluster however buying from local stockists is present in good quantity.
Sowing of
Jeera in Syria and Turkey have commenced from end of February and will continue till mid of March. Jeera stocks in the NCDEX warehouse stood at 4847 mt as on 10th March, 2010. Spread between March and April contract is at 380.
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MCX LEADMINI 30 March 2012
contract was trading at
Rs 106.15 , up Rs. 0.05 . What's your view on it?