Last Updated : March 18, 2010 14:25
Jeera quotes higher on better offtakes
Benchmark Unjha prices of
Jeera were quoted at higher rates due to improved arrivals and better offtakes. Arrivals increased to 27-28 thousand bags.
Prices at the futures traded in bullish manner since the beginning of the session and hit the upper circuit of 2% but profit booking towards the end of the session was witnessed on Wednesday.
Demand from overseas as well as domestic buyers have reduced but are expected in the coming days.
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 5582 mt as on 16th March, 2010. Spread between March and April contract is at 666.
Courtesy: Angel Commodities Investment Risk Analysis FREE to your inbox
MCX ATF 24 February 2012
contract was trading at
Rs 7505 . What's your view on it?
