Jeera crackles on slow demand

Jeera moved down on slow demand from exporters and expectation of improvement in arrival after good monsoon progress in Gujarat. Traders said that farmers’ selling may improve in coming days as monsoon has started in Gujarat and so far rainfall has been well.

Moreover, demand from export side was marginally down at the higher level. At Unjha madi of Gujarat jeera declined ₹25-30 to ₹3,100-3,300 for a maund of 20 kg for best quality and average grade jeera traded at ₹2,800-3,000.

Arrival of the spice was at 4,000 bags here. In Rajkot APMC, about 300 bags arrived and price was down ₹20-25 to ₹2,700-3,200.