According to Angel Commodities, expect Jeera futures expected to trade higher on good export demand and diminishing supplies in physical market.
Angel Commodities' report on Jeera
Jeera Jun futures closed higher last week 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.
We expect Jeera futures expected to trade higher on good export demand and diminishing supplies in physical market.
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