Jeera trading range for the day is 16625-17105

Jeera trading range for the day is 16625-17105.

Jeera gained on short covering after prices dropped due to sufficient availability and prospects of good crop next season.

However upside seen limited because of high moisture content in the spice, due to rainfall in the key producing areas of Gujarat.

Parched land of Gujarat got good rains recently and soil moisture along with higher prices will motivate farmers to grow jeera on higher area.

In Unjha, a key spot market in Gujarat, jeera edged down by -24.1 Rupees to end at 17316.65 Rupees per 100 kg.

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