Jeera on NCDEX settled up by 3.16% at 19105 supported by lower than expected stocks levels in the country and lower arrivals. The jeera arrival in June is lower this year compared to May as well as June last year. As per the data release by government, jeera exports in April 2017 was 14,599 tonnes, were down 9% from March. In 2016/17, country exports increase by 26% to 1.24 lt in as per the data release by Dept. of commerce, GOI. The stock levels in the NCDEX warehouse increased to 1,313 tonnes as on July 10 from 1,187 tonnes on Jun 30.

Trading Ideas:

* Jeera trading range for the day is 18280-19590.

* Jeera prices gained supported by lower than expected stocks levels in the country and lower arrivals.

* In 2016/17, country exports increase by 26% to 1.24 lt in as per the data release by Dept. of commerce, GOI.

* NCDEX accredited warehouses jeera stocks gained by 42 tonnes to 1355 tonnes.

* In Unjha, a key spot market in Gujarat, jeera edged up by 165.55 Rupees to end at 18922.2 Rupees per 100 kg.

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