Wednesday 31 May 2017

EPIC RESEARCH NCDEX JEERA UPDATE OF 31 MAY 2017

Jeera trading range for the day is 17135-17965.Jeera prices ended with gains on short covering and the arrivals have slowed down in the physical market.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 dropped by 12 tonnes to 1704 tonnes.In Unjha, a key spot market in Gujarat, jeera edged down by -26.9 Rupees to end at 18150 Rupees per 100 kg.

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