MUMBAI, Dec 29 (Reuters) - India's jeera futures are seen opening down on Tuesday on weak spot demand, clear weather in the growing regions and sufficient stocks, analysts said.
Losses will be limited by short-covering, they said.
In India the jeera plant is grown as a rabi, or winter-sown crop, in October-December and harvested in February, March and April.
The benchmark January jeera contract NJEF0 ended down 1.31 percent at 14,341 rupees per 100 kg in the previous session.
PEPPER:
Indian pepper futures are likely to open lower on little or no export demand and expectations of arrival hurting sentiment, analysts said.
Domestic prices are expected to ease further from January, when the new crop arrivals start, analysts said.
However, losses until then will be limited by low stocks in the country, analysts said.
The benchmark January pepper contract NPEF0 ended up 2.96 percent at 14,358 rupees per 100 kg in the previous session.
TURMERIC:
India's turmeric futures are likely to extend gains due to improvement in spot demand and dwindling stockpile, but a likely rise in production seen capping the rise, analysts said.
The April turmeric contract NTMJ0 ended up 2.10 percent at 7,286 rupees per 100 kg in the previous session.
Carry-forward stocks were low as output had fallen steeply last year due to low acreage and bad weather.
Source : REUTERS