Agri Commodities Review: Jeera Spurts, Signs Of Bargain Buying In Guarseed

Jeera gained amid bullish cues from futures and poor arrivals. Total supplies in Unjja were just around 12000 bags today. Demand is steady.

Chana tumbled in futures market amid lack of demand. However, the activity was very thin in Delhi spot market with less than 10 trucks arriving in the market. Kharif pulses sowing is eyed.

Soybeans fell sharply amid calls of early start to sowing and expectations of a good output. Futures slipped heavily, falling more than 2% in intraday moves.

Guar is witnessing lax moves in futures though some buying is emerging in cash markets on good demand. NCDEX Guarseed futures fell sharply towards Rs 3620 per quintal today before witnessing some buying.