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  • The NCDEX Jeera futures slipped today, extending losses amid continued rise in supplies in leading producing states. The benchmark NCDEX Jeera futures for May had hit above Rs 15000 per quintal a few days ago but failed to sustain above the mark and eased. Spot markets have managed to gain over last few weeks though as good buying has been seen in wholesale and retail segments. The daily arrivals are bound to see further increase from hereon and futures are likely focusing on the same. The NCDEX May futures are currently trading down 1% at Rs 14500 per quintal. The counter had slumped near a three-week low of Rs 14200 per quintal earlier this week. A massive spike in Indias daily Covid-19 cases, which hit above 125000 mark yesterday is acting as an additional factor keeping a check on the prices.

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