Jerra futures edged lower due to sluggish domestic and export demand.

However expectation of improvement in retail demand as well as demand from Bangladesh limited the downside moves.

Arrivals in Unjha mandi stood around 3000 bags compared with previous arrival of 5000 bags.

Favourable monsoon rains is expected to improve the sowing as well as acreage of cultivation of jeera as sowing usually starts in the month of October onwards.

According to market sources, the stocks available are estimated around 14 lakh bags compared with 16-17 lakh bags during the same period a year ago.

Courtesy: Geojit Comtrade Limited

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