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    HomeNewsBusinessStocksExpect Jeera futures to trade sideways: Angel Commodities

    Expect Jeera futures to trade sideways: Angel Commodities

    According to Angel Commodities, expect Jeera futures to trade sideways on reports of lower production and good export demand however; anticipation of higher new season jeera arrivals in the physical market may pressurize prices at higher levels.

    February 10, 2017 / 13:23 IST

    Angel Commodities report on Jeera

    Jeera futures for Mar delivery closed lower on Thursday tracking spot prices which continue to trade lower as new season jeera arrived in market. New jeera crop started arriving in the key spot market of Unjha in Gujarat.

    Outlook

    We expect Jeera futures to trade sideways on reports of lower production and good export demand however; anticipation of higher new season jeera arrivals in the physical market may pressurize prices at higher levels.
    For all commodities report, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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    first published: Feb 10, 2017 01:23 pm

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