EPIC RESEARCH NCDEX JEERA UPDATE OF 08 MAY 2017

Jeera trading range for the day is 17550-19110.Jeera prices settled flat as pressure seen amid subdued demand at spot market mainly on export buying.New crop arrivals are increasing steadily across major spot markets and they are much higher compared to last year.NCDEX accredited warehouses jeera stocks gained by 162 tonnes to 1717 tonnes.In Unjha, a key spot market in Gujarat, jeera edged down by -125 Rupees to end at 18475 Rupees per 100 kg.

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