India spices seen up, turmeric may touch new highs

MUMBAI, Nov 9 (Reuters) - Indian jeera futures are seen opening firm on Monday as a pick up in overseas demand and robust domestic offtake may support prices, analysts said.

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

Sowing, which commenced late last month, will provide further cues for prices, analysts said.

The benchmark November contract NJEX9 ended up 1.98 percent at 13,396 per 100 kg the previous session.

PEPPER

Indian pepper futures are also expected to open up on thin stocks and domestic demand, analysts said.

However, profit taking and the Brazilian crop which is quoting lower and attracting international demand may hurt sentiment during the day, they said.

The bechmark November pepper NPEX9 ended down 0.53 percent at 14,878 rupees per 100 kg in the previous session.

TURMERIC: