Jeera Dropped down for consecutive 2nd day (12-May-2011)

Lower exchanging activities held the trend poor regarding Jeera , that prolonged their 2 day dropping ability on Thursday. Earnings reserving at better stages amongst deficiency of requirement for the item in mandis mostly added to the drop in the costs of jeera. However, according to information, some purchasing activities might be announced in the getting weeks at these reduce levels as arrivals of superior quality crop might give assist to rates.

The settlement for May supply was buying and selling at Rs 14,150.00, lower by 1.24% or Rs 178.00 from their prior finishing of Rs 14,328.00. The available interest of settlement was standing at 10,239 lots.

The deal for June delivery was exchanging at Rs 14,820.00, lower by 0.99% or Rs 148.00 from their last ending of Rs 14,968.00. The available interest of settlement was standing at 21,354 lots on NCDEX.