Moneycontrol
May 17, 2017 12:30 PM IST | Source: Moneycontrol.com

Expect Jeera futures to trade higher: Angel Commodities

According to Angel Commodities, We expect Jeera futures to trade higher on anticipation of revival of physical and export demand.

Expect Jeera futures to trade higher: Angel Commodities

Angel Commodities' report on Jeera


Jeera Jun futures closed higher on Tuesday supported by fresh buying form lower levels. The arrivals have now slowed down in the physical market. As per Agmarknet data, about 4,316 tonnes of jeera arrived in May (1-14) compared to 17,494 in April (1-14).


Outlook


We expect Jeera futures to trade higher on anticipation of revival of physical and export demand. Technically the prices have been trading on strong support.


For all commodities report, click here


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