Wednesday, 11 January 2017

EPIC RESEARCH NCDEX JEERA UPDATE OF 11 JANUARY 2017

Jeera trading range for the day is 16420-17420. Jeera prices ended with losses on expectation of increase in Jeera area in Gujarat state mainly in Saurashtra and Kutch zone current year. Sowing has been good so far and weather conditions are also favorable for jeera crop. As all is going well as exporters are not buying in large quantities but are waiting for the new crop. In Unjha, a key spot market in Gujarat, jeera edged up by 8.35 rupees to end at 18283.35 rupee per 100 kg.

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