NCDEX Jeera price trading down as per decline in export demand put pressure on prices.Jeera settled down -1.42% at 15930 due to higher supply.
Weekly Price Performance Of NCDEX Jeera
NCDEX Jeera price corrected last week as due to reduced demand at higher price on quality issues in the stocks arrived for trade.As per Jeera Aug contract closed down 2.7 per cent compared to last week and close at Rs 15930 per quinta.
NCDEX Jeera prices are expected to trade sideways to positive on anticipation ofrising export demand coupled with falling arrivals in the mandis due to lower productionmay kept supporting prices at higher level.
SELL NCDEX JEERA AUG @16250
SL–16600,
TARGET–15600/15500
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