Wednesday, 22 July 2015

Agri Tips & Updates : Jeera prices ends lower by 0.87 %


Jeera
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On Tuesday, Jeera prices closed lower by 0.87 % at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a rolling in the supply from the manufacturing areas in the midst of a decrease in export demand. At the NCDEX, August 2015 contract for jeera futures closed at Rs. 15,985 per quintal, 0.87 percent down, after opening at Rs. 16,085 against its preceding closing price of Rs. 16,125. It touched the intra-day low of Rs. 15,930.

Worldwide output of Jeera is around 2.2 lakh MT yearly, of which India produces about 1.5 lakh MT every year. India exports Jeera mainly to the US, Japan, UK, UAE, Singapore, Brazil, Bangladesh and many other countries.Besides this, other Major exporters are Syria and Turkey.Click Here For Agri Tips

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