EPIC RESEARCH NCDEX JEERA UPDATE OF 16 MAY 2017

Jeera trading range for the day is 17570-18580. Jeera prices ended with losses tracking a subdued trend at spot market on tepid demand. Jeera exports are expected to touch 120,000 ton in the just ended financial year 2016-17.NCDEX accredited warehouses jeera stocks dropped by 336 tonnes to 2176 tonnes. In Unjha, a key spot market in Gujarat, jeera edged down by -296.65 Rupees to end at 18420 Rupees per 100 kg.

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