EPIC RESEARCH NCDEX JEERA UPDATE OF 05 MAY 2017

Jeera trading range for the day is 18020-18800. Jeera prices gains on rising exports demand at the spot market. The carryover stock has dipped to about 2 lakh bags as against the normal 20-25 lakh bags, thereby reducing the availability. NCDEX accredited warehouses jeera stocks gained by 171 tonnes to 1555 tonnes. In Unjha, a key spot market in Gujarat, jeera edged down by -93.35 Rupees to end at 18600 Rupees per 100 kg.
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