EPIC RESEARCH NCDEX JEERA UPDATE OF 10 JANUARY 2017

Jeera trading range for the day is 16760-17470. Jeera prices ended with gains due to tight stocks due to lower output last year. Jeera sowing stood at 276,000 hectare in Gujarat until now versus 268,000 a year ago. India imported around 2,550 ton jeera during Apr-Oct as against negligible in the previous year. In Unjha, a key spot market in Gujarat, jeera edged down by -71.45 rupees to end at 18275 rupee per 100 kg.

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