Jeera on NCDEX settled down by -2.27% at 17475 due to weak support from domestic traders as well as from exporters. Imposition of margin to check falling prices may have only temporary impact as export and domestic markets are not supporting the prices. Jeera prices are likely to trade lower for the coming week following subdued demand at prevailing price and hopes of improvement in arrivals. Jeera exports are expected to touch 120,000 ton in the just ended financial year 2016-17. At Rajkot market in Rajkot(Guj.).

Trading Ideas:

* Jeera trading range for the day is 17000-18160.

*Jeera prices dropped due to weak support from domestic traders as well as from exporters.

* Jeera exports are expected to touch 120,000 ton in the just ended financial year 2016-17.

*NCDEX accredited warehouses jeera stocks dropped by 60 tonnes to 1716 tonnes.

*In Unjha, a key spot market in Gujarat, jeera edged up by 63.65 Rupees to end at 18200 Rupees per 100 kg.

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