Jeera :The Spice which has Highest Rate as Commodity

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.

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

Share 2

Jeera Unjha

20 jun 18

ltp : 16500

Volume :51

Day high : 16525

Day low : 16395

unit :mtrs/guintal

% of changes: 0.46

SHARE 2

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

Trends : Bearish