Spot Jeera fell near a two month low of Rs 18500 per quintal after the massive gains in prices over last few days. The latest official data reveals that Jeera sowing in Gujarat, which is almost over by now, is lagging behind last year. 

As on January 23rd, the acreage under Jeera was 2787 thousand hectares, down about 5.60% compared to the same time last year. This is just about 82% of the normal area. However, traders are reporting that some arrivals have started flowing in from the new crop.

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