The spot jeera prices were trading in the range of Rs 12,000-12,500 per quintal (Rs 12,500-13,375 as on 11th May 2012) at Unjha Mandi. Best quality was trading in the range of Rs 13,500-15,000 per quintal (Rs 14,000-16,000 per quintal as on 11th May 2012). The total arrivals slumped to 22,000 bags from 25,000 bags, while demand was seen for around 22,000 bags.
The NCDEX Jeera May contract moved in the range of Rs 12,752.50-13,050 and is currently trading higher at Rs 13,030 per quintal, up by Rs 207.50 or 1.62% per quintal.
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