Jeera on NCDEX settled down by -0.75% at 19735 on profit booking from higher levels due to lower physical demand. Jeera arrival during first fifteen days of July recorded only 524.5 tonnes compared to 3922 tonnes and 4148 tonnes in previous two fortnights in June. As per the data release by government, jeera exports in April 2017 was 14,599 tonnes, were down 9% from March. n 2016/17, country exports increase by 26% to 1.24 lt in as per the data release by Dept. of commerce, GOI.

Trading Ideas:

* Jeera trading range for the day is 19515-20025.

* Jeera dropped on profit booking from higher levels due to lower physical demand.

* Jeera arrival during first fifteen days of July recorded only 524.5 tonnes compared to 3922 tonnes and 4148 tonnes in previous two fortnights in June.

* NCDEX accredited warehouses jeera stocks dropped by 45 tonnes to 1487 tonnes.

* In Unjha, a key spot market in Gujarat, jeera edged down by -21.45 Rupees to end at 19500 Rupees per 100 kg.

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