Brightened jeera (cumin seed) crop prospective customers coupled with weakened international rates have pushed domestic rates to a in close proximity to-bottom, at all-around ₹12,500-13,500 per quintal, at the Unjha spot marketplace. The off-consider remains gradual with slender buys by the bulk consuming sectors of dining places, accommodations and caterers and gradual development on exports as against last yr.
International jeera rates have fallen, also, hovering in the assortment of $1,780-1,800 (FOB prices) per tonne, about 35-forty per cent lessen than what was quoted in the identical period of time last yr. Trades on the commodity exchanges in the spice commodity showed weak point with NCDEX jeera futures for July supply quoted at ₹13,755 on Monday, paring about a person share position from the former close.
Notably, due to the fact December 2019, jeera rates have been on a slide falling from ₹14,500 stages. The arrivals, nevertheless, are