Good availability in physical markets provides cash and carry the opportunity to arbitragers. It serves as a hedging platform for the Producers and Exporters. The Cumin contract is highly liquid and provides easy entry and exit to a speculator. Thus the Jeera contract provides space for every investor category.
Global output of Jeera is around 2.2 lakh MT per year, of which India produces about 1.5 lakh MT per year. Gujarat and Rajasthan are the major producers of cumin seed in India. Global export demand is about 30,000 MT per year. India exports Jeera mainly to the US, UK, UAE, Japan, Brazil, Bangladesh, Singapore and many other countries. Other Major exporters are Syria and Turkey.
India being the largest producer and consumer, the price of Jeera is mainly determined by domestic factors. In terms of exports India faces stiff competition from Syria which exports about 80 percent of its produce.
|
Constituents |
Expiry |
LTP |
Open |
High |
Low |
Prev. Close |
Change |
||
|
Jeera |
Jun 20, 2018 |
16500 |
16395 |
16525 |
16395 |
16425 |
|
Cumin (Cuminum cyminum) is a flowering plant from the family Apiaceae. The plant is 15 to 50 cm in height. Its fruit is of commercial importance and is elongated, ovoid, 3-6 mm long. Cumin seed is used in perfumery and as flavouring agent in a variety of cuisines. In India, Jeera is sown from October to November and harvested in February. Fresh crop generally reaches the markets during March. The plant thrives on rich, well-drained sandy loam soil with day time temperatures of around 30 degrees. Cumin crop takes about 110-115 days to reach maturity. Unjha in Gujarat is the main trading centre for Jeera in the country.
Jeera Advisories
Jeera
18 Jun 18
Entry :16600
Stop Loss : 16750
Advise : Sell
Jeeraunjha
20 jul 18
itp : 16630
Volume :996
Day high :16720
Day low : 16520
unit : mtrs/guintal
% of changes: 0.36
Share 2
Jeera Unjha
20 aug 18
ltp :16815
Volume : 144
Day high : 16900
Day Low :16760
unit :mtrs/guintal
% of changes: 0.12
Jeera Unjha
20 jun 18
ltp : 16500
Volume :51
Day high : 16525
Day low : 16395
unit :mtrs/guintal
% of changes: 0.46
Jeera Advisories
Jeera
18 Jun 18
Entry :16600
Stop Loss : 16750
Advise : Sell
Achiievers
Jeera
18 Jun 18
Entry :16750
Stop Loss : 16650
Advise : Buy
Bonanza
Jeera
18 Jun 18
Entry :16500
Stop Loss : 16600
Advise : Sell
Bonanza
Jeera
18 Jun 18
Entry : 16600
Stop Loss : 16750
Advise : Sell
Kedia
Jeera Trends
Jeera
18 Jun 18
S1 : 16500.00
R1 : 16685.00
Trends : Bearish
Broker : Kedia
Jeera
18 Jun 18
S1 : 16500.00
R1 : 16685.00
