Good soil moisture caused Jeera to benefit from short covering as prices dropped

Short covering following a price decrease caused Jeera to rise by 1.5%. Good weather and enough soil moisture will probably encourage planting and keep the sowing outlook normal. The recent price increase was caused by short-term interest from stockists, but the poor demand for Indian jeera globally was caused by competitive prices in other nations,…

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Jeera decreased due to favourable weather and sufficient soil moisture

Jeera’s recent drop from 43710 to 5.998% is due to favourable weather conditions that increased sowing efforts. Enough soil moisture is present to facilitate the expected normal sowing of Jeera. Recent price declines have encouraged stockists to purchase, which has led to short covering. The scarcity of high-quality crops also supports the market. However, because…

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Jeera fell as a result of profit booking following price increases brought on by reduced supplies

In response to recent increases brought about by a reduction in local market supplies, jeera prices saw a -1.49% dip driven by profit booking. Stockists have shown growing interest as the demand for jeera during festivals rises, especially when millers’ inventories are getting smaller. Although Indian jeera is now priced competitively, this does not benefit…

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