Futures contracts of jeera rose on the NCDEX following an increase in demand from buyers overseas. “Restricted supplies in the domestic spot market, due to reports of lower production estimates in Gujarat, supported the uptrend. Gujarat is the country's largest producer of the export-oriented spice,
followed by Rajasthan. Although spot markets in Unjha, Gujarat, opened today after 10 days, there was no trade due to protest by traders against the implementation of the goods and services tax, said Gaurang N. Patel, chairman of Unjha Agricultural Produce Market Committee.
Source : Newswire
More will update soon!!
