Jeera on NCDEX settled up by 0.63% at 19305 tracking firmness in spot demand on good demand and lower carryover stocks. Supplies in major producing centres of Gujarat and Rajasthan are falling day by day because of fag-end of the season. Good export demand is expected due to poor supplies from other jeera producing countries-Syria and Turkey. Jeera sowing begins in October and new crop supplies commence in Feb-Mar. Area under jeera crop is likely to increase in the coming season because of prevalent very attractive prices.

Trading Ideas:

* Jeera trading range for the day is 19065-19515.

* Jeera prices gained tracking firmness in spot demand on good demand and lower carryover stocks.

* Supplies in major producing centres of Gujarat and Rajasthan are falling day by day because of fag-end of the season.

* NCDEX accredited warehouses jeera stocks gained by 45 tonnes to 2912 tonnes.

* In Unjha, a key spot market in Gujarat, jeera edged down by -38.1 Rupees to end at 19116.05 Rupees per 100 kg.

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