Jeera spot prices at Unjha were quoted at lower rates due to reduced offtakes at the domestic market. Arrivals of Jeera at the domestic mandis are around 1000 bags against offtakes of 4000-6000 bags.

Prices at the futures continued its downward move in the beginning of the session but improved in the later part and settled positively on Monday.

There is forecast of rains in the jeera growing region of Rajasthan. If, there are showers it may spoil the standing Jeera crop.

Jeera stocks in the NCDEX warehouse stood at 4912 mt as on 06th February, 2010.

Spread between the Feb and Mar contract is at 234.

Courtesy: Angel Commodities

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