MUMBAI, July 23 (Reuters) - Indian jeera futures are likely to open down on Thursday on slow exports and on rains in growing areas, analysts said.
Gujarat and Rajasthan are the main growing regions of the spice in the country.
A healthy crop harvested by leading global players such as Syria and Turkey have been hurting Indian exports this season and keeping a lid on gains, analysts said.
The benchmark August contract NJEQ9 ended down 0.28 percent at 11,399 rupees per 100 kg the previous session.
PEPPER:
India pepper futures are likely to open weak on Thursday on on lack of indications about a revival in exports, analysts said.
Indian prices still quote at a premium compared to competing countries, such as Indonesia, Brazil, Sri Lanka and Vietnam, and that is seen limiting gains.
However, selling pressure from Vietnam is moderating on depleting stocks, which is expected to benefit Indian exports in the coming weeks, analysts said.
The benchmark August contract NPEQ9 ended down 0.60 percent at 12,464 rupees per 100 kg in the previous session.
Source : REUTERS