Jeera Lower Due To Lack Of Requirement (11-May-2011)

Jeera commodity surrounded lacking in market due to their average arrivals amongst lack of local and export requirement that maintained the trend poor for the item in the spot markets. However, according to information, a number of purchasing actions might be recorded in the upcoming weeks at these reduce ranges as arrivals of superior quality plants might give help to the rates. The hope of exports also increasing over upcoming couple weeks can provide some help to the costs of the stock options in the moderate period.

The deal for May supply was dealing at Rs 14,325.00, decrease by 0.67% or Rs 96.00 from their past ending of Rs 14,421.00. The available interest of deal was standing at 11,259 lots.

The deal for June shipping and delivery was exchanging at Rs 14,980.00, upward by 0.58% or Rs 87.00 from their last shutting of Rs 15,067.00. The open notice of the plan were standing at 21,423 lots on NCDEX.