Jeera prices closed lower by 1.88 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the Trasport demand. At the NCDEX, jeera futures for This July 2015 contract closed at Rs. 15,885 per quintal, down by 1.88 per cent, after opening at Rs. 16,150 against the previous closing price of Rs. 16,190. It touched the intra-day low of Rs. 15,725.

Global output of Jeera is around 2.2 lakh MT per annum, of which India produce about 1.5 lakh MT per Annum.

India exports Jeera specially to the UK, US, UAE, Japan, Bangladesh, Brazil, Singapore and many diffrent countries. Other Major exporters are Turkey and Syria .

Jeera prices fell 0.77 % to Rs 16,065 per quintal in futures trade currently amid high supplies from producuing belts at the spot markets.

At National Commodities and Derivatives Exchange, jeera for delivery in This July contracts fell by Price Rs 125, or 0.77 %, to Rs 16,065 per quintal with an Unlocked interested of This 14,136 lots.

like wise, the spice for distribution in This August traded lesser by Rs 115, or 0.70 % to Rs 16,215 per quintal in This 15,612 lots.

Analysis said offloading of positions by speculators, triggered by Top supplies from producing belts in the physical market, kept Load on jeera prices at futures trades.

Jeera price fell 0.77 % to Rs 16,065 per quintal in futures trade today amid uper supplies from produce belts at the spot market.

Jeera futures edged down on NCDEX due to offloading positions by speculators following down demands in the dot
market. Though, restricted arrivals from the major producing belts capped some losses in future.

in future trading at National Commodities and Derivatives Exchange, of jeera for delivery in This July month