Monday 13 July 2015

Free Agri Tips : Jeera locked higher by 0.22%

Agri Tips
Jeera
                                                           Agri Tips
Agri Tips

                                                           Agri Tips
Price of Jeera ended higher by 0.22% on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the investors increased their holdings in the commodity in the midst limited arrivals from growing regions. At the NCDEX, July 2015 Contract of jeera futures closed at Rs. 16,205 per quintal, up by 0.22%, after opening at Rs. 16,210 against the last closing price of Rs. 16,170. It reached the intra-day high of Rs. 16,380.

Sentiment improved further as a result of reduced domestic supplies in the physical markets and some export enquiries.

Global output of Jeera is around 2.2 lakh MT per year, of which India produces about 1.5 lakh MT per year. India exports Jeera mainly to the US, Japan, UK, UAE, Bangladesh, Brazil, Singapore and many more countries. Other these countries Major exporters are Syria & Turkey.

No comments:

Post a Comment