Thursday, 7 September 2017

EPIC RESEARCH NCDEX JEERA UPDATE OF 07 SEPTEMBER 2017

Jeera trading range for the day is 19240-19660.Jeera settled flat on late profit booking after prices gained on account of increasing demand from retailers at the spot market.Reduced production in the previous season caused lower carryover stock, which is seen as a factor for prices rising in the run-up to festival season.NCDEX accredited warehouses jeera stocks dropped by 33 tonnes to 2618 tonnes.In Unjha, a key spot market in Gujarat, jeera edged down by -75.9 Rupees to end at 19330.75 Rupees per 100 kg.

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