Todays Agri Tips & Updates : Jeera Prices Ended High By 0.76%

Agri tips - Jeera prices closed higher by 0.76 per cent on Monday 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, jeera futures for August 2015 contract closed at Rs. 15,230 per quintal, up by 0.76 per cent, after opening at Rs. 15,100 against the previous closing price of Rs. 15,115. 

It touched the intra-day high of Rs. 15,300.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 / year, of which India produces about 1.5 lakh MT / year. India exports Jeera mainly to the UAE,US, UK, Brazil, Japan,Singapore , Bangladesh, and many other countries. Other Major exporters areTurkey and Syria .