EPIC RESEARCH NCDEX JEERA UPDATE OF 23 FEBRUARY 2018

Jeera trading range for the day is 15155-15895.Jeera prices dropped on profit booking after prices gained amid strong demand and higher output.Pressure also seen as supply of Jeera from Gujarat is estimated to be higher in current year.In Unjha market arrivals of 20,000 bags (1 bag=60kgs) were witnessed.In Unjha, a key spot market in Gujarat, jeera edged down by -84.4 Rupees to end at 18450 Rupees per 100 kg.

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