EPIC RESEARCH NCDEX JEERA UPDATE OF 16 OCTOBER 2017

Jeera trading range for the day is 18665-19275.Jeera prices ended with losses tracking weakness in spot demand and amid slowing exports.Another reason for sluggish exports is that Syria has emerged as a competitor to India with its new crop.NCDEX accredited warehouses jeera stocks gained by 84 tonnes to 6605 tonnes.In Unjha, a key spot market in Gujarat, jeera edged up by 60 Rupees to end at 18990 Rupees per 100 kg.

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