Spot Market Update: Jeera Sees Choppy Moves After Recent Gains

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 now. The spot prices are currently trading at Rs 16100 per quintal in Unjha, flat on the day. Jeera supplies in Unjha stayed around 11000 bags today, indicating that peak supplies period is over.