EPIC RESEARCH NCDEX JEERA UPDATE OF 23 MAY 2017

Jeera trading range for the day is 17945-18325.Jeera prices dropped as export and local demand is likely to poor despite of arrivals are lower than last year. Prices also remained under pressure following subdued demand at prevailing price levels and expected improvement in arrivals. NCDEX accredited warehouses jeera stocks dropped by 391 tonnes to 1983 tonnes.In Unjha, a key spot market in Gujarat, jeera edged up by 32.9 Rupees to end at 18438.45 Rupees per 100 kg.

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