India’s jeera futures ended over a percent higher on Tuesday and may continue to trade firm on Wednesday on buying interest at lower-levels, analysts said.
Stockists are buying in anticipation of overseas demand to hit the market in coming days, said an analyst from Angel Commodities.
Arrivals are expected to gain pace in the next few days and would peak in March-April, pressuring prices, analysts said.
Jeera exports in January 2010 dropped by 47 percent to 2,000 tonnes on year, the Spices Board said.
Spot rates in Unjha, a key spot market in Gujarat, ended at 11,795 rupees, down 11 rupees.
Following are the closing prices of jeera futures in rupees per 100 kg on the National Commodity and Derivatives Exchange Ltd.