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Jeera futures seen opening up, pepper down
Jeera futures are seen opening higher on the National Commodity &
Derivatives Exchange Ltd (NCDEX) on Tuesday with a revival in export demand
aiding prices, analysts said. The benchmark October jeera is likely to open
around Rs 12,000 per 100 kg, the analysts said. It had ended at Rs 11,935,
up 0.73 per cent, in the previous session.

Export demand is higher owing to a lower crop overseas. PEPPER: Pepper
futures are seen opening lower on the NCDEX on Tuesday, extending the
previous day's sharp falls, as local markets align with foreign markets,
analysts said.
The benchmark October pepper is seen opening around 13,280 rupees per 100
kg, the analysts said.

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It ended at 13,328 rupees per 100 kg, down 2.67 per cent, in the previous
session. Sluggish exports and lower prices in foreign markets are weighing
on Indian pepper, analysts said.
TURMERIC: Indian turmeric futures may open a bit up on lower level buying
and an expected rise in demand, analysts said. The October contract ended
down 0.48 per cent at 3,697 rupees per 100 kg in the previous session. The
October contract had fallen 18.57 per cent in August.

However, weak demand in the spot market and hopes of better output as
conducive weather prevails in the main growing region may cap the gains.

CHILLI: Chilli futures are likely to open lower on subdued demand in the
physical market, analysts said.
The October contract ended down 0.23 percent at Rs 5,272 per 100 kg in the
previous session. Scarcity of quality produce and hopes of a likely rise in
export demand may restrict the downside, they said.


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