EPIC RESEARCH NCDEX JEERA UPDATE OF 22 JANUARY 2018

Jeera trading range for the day is 16365-16805. Jeera prices dropped pressured by the start of new season arrivals coupled with weak physical demand. Jeera production may be higher in coming season on reports of higher acreage of cumin in the current season. NCDEX accredited warehouses jeera stocks gained by 215 tonnes to 10943 tonnes. In Unjha, a key spot market in Gujarat, jeera edged up by 69.05 Rupees to end at 20633.35 Rupees per 100 kg.

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