Jeera on NCDEX settled down by -2.75% at 19085 on easing demand from retailers and stockists at the spot market. Besides, ample stocks position following higher supplies from the producing regions too fueled the downtrend. India's 2016-17 jeera output fell to 489,000 ton from 503,000 ton a year ago and as a result now stocks with traders and farmers are stated to weak. Supplies are expected to decline in coming days due to lean season and poor stocks at the production centers. Traders are also awaiting the commencement of jeera sowing operations, which are likely to begin next month.

Trading Ideas:

# Jeera trading range for the day is 18480-19930.

# Jeera ended with losses on easing demand from retailers and stockists at the spot market.

# India's 2016-17 jeera output fell to 489,000 ton from 503,000 ton a year ago and as a result now stocks with traders and farmers are stated to weak.

# NCDEX accredited warehouses jeera stocks gained by 132 tonnes to 4858 tonnes.

# In Unjha, a key spot market in Gujarat, jeera edged down by -300 Rupees to end at 19133.35 Rupees per 100 kg.

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