Jeera March Future Closed Higher On Tuesday

Jeera March future closed higher on Tuesday and continues its sideways movement since last week due to higher arrivals and good demand. There are expectations of increase in export demand at slightly lower levels. 

Market participants continue to short sell and rolling over their positions to April contracts. 

The arrivals of jeera in Gujarat are improving so as the demand. As per Agmarknet data, during Feb 27- Mar 4 about 9,901 tonnes of jeera arrived compared to 6,273 tonnes in the previous week.

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