Spot Market Update: Jeera Traders Eye Futures Movement

Jeera has gained good traction recently on export demand hopes and ready market demand is slowly picking up. However, a rather choppy pattern in futures is weighing on the sentiments. The spot prices are currently trading at Rs 16185 per quintal in Unjha, up nominally on the day. Jeera supplies in Unjha stayed around 10000 bags today, indicating that peak supplies period is over.