India jeera ends steady on export demand, profit-taking

MUMBAI, Nov 6 (Reuters) - Indian jeera futures ended steady on Friday as support from rising export demand and a firm spot was offset by profit-taking, analysts said.

Jeera exports in September nearly tripled to 6,000 tonnes from the same period a year ago.

"Indian prices are currently trading at a discount to Syria, Turkey and Iran so export demand is on the rise here," said Alimuhammad Lakdawala, an analyst with Anand Rathi Commodities Ltd.

Sowing , which began last week, will provide further cues for prices, analysts said.

"Sowing is taking off slowly due to less amount of moisture content in the soil," he said.

Spot jeera rose by 11 rupees and ended at 12,800 rupees per 100 kg in Unjha, a major trading hub in Gujarat.

Following are the closing prices of jeera futures in rupees per 100 kg on the National Commodity and Derivatives Exchange Ltd. <0#NJE:>

Contract Reuters code Price Change in %

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