Jeera on NCDEX settled down by -0.72% at 19200 due to weak physical demand at the spot market. Though, tight stocks position following restricted arrivals from the growing regions capped some losses. Jeera exports have been lower than anticipated during the first quarter of new financial year 2017/18.

Trading Ideas:

* Jeera trading range for the day is 19015-19475.

* Jeera prices ended with losses due to weak physical demand at the spot market.

* Jeera exports have been lower than anticipated during the first quarter of new financial year 2017/18.

* NCDEX accredited warehouses jeera stocks gained by 186 tonnes to 5603 tonnes.

* In Unjha, a key spot market in Gujarat, jeera edged down by -111.1 Rupees to end at 19000 Rupees per 100 kg.

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