EPIC RESEARCH NCDEX JEERA UPDATE OF 14 DECEMBER 2017

Jeera trading range for the day is 21540-22230.Jeera prices recovered on short covering after prices dropped on increased supplies from growing belts amid ample stock position. Gujarat jeera sowing 311,400 hect vs 226,700 hect year ago. NCDEX accredited warehouses jeera stocks gained by 298 tonnes to 7984 tonnes. In Unjha, a key spot market in Gujarat, jeera edged up by 99.3 Rupees to end at 21010 Rupees per 100 kg.

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