Moneycontrol
Jun 20, 2017 12:21 PM IST | Source: Moneycontrol.com

Jeera futures expected to trade sideways to higher: Angel Commodities

According to Angel Commodities, expect Jeera futures expected to trade sideways to higher on good export demand and diminishing supplies in physical market.

Jeera futures expected to trade sideways to higher: Angel Commodities

Angel Commodities' report on Jeera


Jeera Jun futures closed higher on Monday on good physical demand and reports of less carryover stocks. Moreover, exports demand is increasing while the stocks in the Exchange warehouse are diminishing. The jeera arrival in May is lower this year compared to last year.


Outlook


We expect Jeera futures expected to trade sideways to higher on good export demand and diminishing supplies in physical market.


For all commodities report, click here


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