Spot Market Update: Jeera Eases After Recent Gains

Jeera flipped back after some gains in last few days. The commodity has gained good traction recently on export demand hopes and ready market demand is slowly picking up. However, futures corrected today, keeping over mood tepid. The spot prices are currently trading at Rs 16510 per quintal in Unjha, down 0.14% on the day. Jeera supplies in Unjha stayed around 11000 bags today, indicating that peak supplies period is over.