EPIC RESEARCH NCDEX JEERA UPDATE OF 21 JUNE 2017

Jeera trading range for the day is 18430-19260.Jeera ended with losses on profit booking after prices gained on good physical demand and reports of less carryover stocks.Output of jeera in Gujarat during 2016-17 is estimated lower at 212,000 ton due to fall in acreage, Gujarat Agriculture ministry data showed.NCDEX accredited warehouses jeera stocks dropped by 9 tonnes to 1208 tonnes.In Unjha, a key spot market in Gujarat, jeera remains unchanged at0 Rupees to end at 18610.7 Rupees per 100 kg.

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