Wednesday, 17 May 2017

EPIC RESEARCH NCDEX JEERA UPDATE OF 17 MAY 2017

Jeera trading range for the day is 17660-18420. Jeera prices gained trackinng firmness in spot demand on lower arrivals from the producing regions. Sources estimate India’s jeera crop output will be around 2.5 lakh tonnes, lower than the 3.75 to 5 lakh-tonne estimated. NCDEX accredited warehouses jeera stocks gained by 297 tonnes to 2473 tonnes. In Unjha, a key spot market in Gujarat, jeera edged up by 3.1 Rupees to end at 18423.1 Rupees per 100 kg.

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