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The rally has been primarily driven by a demand and supply shortage while some traders said speculation is also playing a part
Sugar is trading at Rs 3,287 per quintal in Kolhapur, Jeera prices in Unjha are trading at Rs 17,320 per quintal
April, May contracts post sizeable gains as rains destroy crops, lower Gujarat acreage pares output
Lower acreage also cited as reason for falling production levels
Exporters of the spice say farmers have begun accepting payments digitally, ensuring steady supply
Already jeera prices are ruling at five-year high at this moment
India has exported 45,000 tonnes jeera in first quarter of current financial year as against 16,000 tonnes in corresponding period of 2015
High demand from stockists has pushed up jeera prices by 10% so far this month
High demand from stockists has already pushed up jeera prices so far this month