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Jeera Broadlly Supported As Traders Eye Upcoming Harvest

22 Nov 2022 , 11:54 AM

The NCDEX Jeera futures are trading in a choppy manner after last weeks corrective action as tepid arrivals ahead of the upcoming harvesting season supported the commodity. Fresh arrivals are still around three months away and right now the growers are holding onto the stocks in expectation of further rise in prices. The benchmark NCDEX Jeera futures for December tested a one month low of Rs 23700 per quintal before rising and currently quote at Rs 24725 per quintal, almost unchanged on the day. The counter had approached near Rs 25000 per quintal in last session before easing a bit.Powered by Commodity Insights

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