Spot Market Update: Jeera trades higher
Steady trend continued in jeera on low arrivals in local mandies . The daily arrivals have been reduced to 5000 bags against total demand of 15000 bags .
The prices have been trading in the range of Rs 19100 -19500 per quintal. Cumin output has been declined by 13 per cent year-on-year to 3.87 lakh tonnes in 2016-17.
During 2016-17, India&39;s Cumin exports increased by 22 per cent year-on-year in volume to 1,19,000 tonnes and 28 per cent in value to 1,963 crore.
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