EPIC RESEARCH NCDEX JEERA UPDATE OF 10 MAY 2017

Jeera trading range for the day is 18020-18960. Jeera gained on short covering amid falling arrivals in the markets of Gujarat and Rajasthan helping the prices to recover in the coming week. India's 2016-17 jeera export is estimated at 120,000 ton-second highest in a decade. NCDEX accredited warehouses jeera stocks gained by 102 tonnes to 2122 tonnes. In Unjha, a key spot market in Gujarat, jeera edged down by -97.4 Rupees to end at 18669.25 Rupees per 100 kg.

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