Friday, 11 August 2017

EPIC RESEARCH NCDEX JEERA UPDATE OF 11 AUGUST 2017

Jeera trading range for the day is 19040-19740. Jeera dropped on profit booking after prices gained on reports lower arrivals in Gujarat on expectation of damage to stored jeera. Downside also seen limited on tight stocks and hopes for domestic as well exporters buying in the coming days. NCDEX accredited warehouses jeera stocks gained by 18 tonnes to 2491 tonnes. In Unjha, a key spot market in Gujarat, jeera edged up by 53.35 Rupees to end at 19300 Rupees per 100 kg.

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