In addition to tight global supplies, Jeera gains strong domestic and export demand
Jeera prices rose by 1.84% to $28,765 Wednesday, driven by strong export and domestic demand as well as limited worldwide supply. Farmers holding onto stock in anticipation of higher prices helped to sustain the upward price movement and boost market optimism. The season’s production is expected to rise by 30% to 8.5-9 lakh tonnes, mainly…