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Jeera futures traded higher on some improvement in overseas enquiries and demand from spot buyers. Further, limited arrivals from producing belts influenced the rise. On the other side, spot price was traded almost flat. Traders said that arrival of new crop has started but supply is still tight. Export demand is expected to rise in the coming days. On the NCDEX, jeera March contract declined by ₹5 to ₹14,530 a quintal, with an open interest of 15,444 lots. At Unjha mandi of Gujarat about 10,000 bags arrived and out of these 5,000 bags was new crop. Price stood at ₹2,600-3,000 for a maund of 20 kg for new crop and old jeera was traded at ₹2,550-2,750. In Rajkot APMC, 1,800-1,900 bags of new crop arrived and went for ₹2,500-3,000 and 700 bags of old jeera traded at ₹2,500-2,700.
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