EPIC RESEARCH NCDEX JEERA UPDATE OF 01 DECEMBER 2017

Jeera trading range for the day is 20970-22060. Jeera prices ended with gains tracking firmness in spot demand amid drop in output. At present stock with traders and farmers is insufficient to meet the demand till February next year when new jeera crop will hit the markets. NCDEX accredited warehouses jeera stocks gained by 69 tonnes to 5338 tonnes. In Unjha, a key spot market in Gujarat, jeera edged down by -42.3 Rupees to end at 20650 Rupees per 100 kg.

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