EPIC RESEARCH NCDEX JEERA UPDATE OF 20 FEBRUARY 2018

Jeera trading range for the day is 15210-16000. Jeera prices dropped following reports of bumper output on the back of higher sowing. Favorable weather conditions in the growing regions along with higher sowing area have led to expectations of higher crop. NCDEX accredited warehouses jeera stocks dropped by 9 tonnes to 8890 tonnes. In Unjha, a key spot market in Gujarat, jeera edged down by -416.65 Rupees to end at 18683.35 Rupees per 100 kg.

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