Monday 18 June 2018

EPIC RESEARCH NCDEX JEERA UPDATE OF 18 June 2018

Jeera trading range for the day is 16435-16805.

Jeera dropped on profit booking after prices amid expectations of improved physical and exports demand.

Further, expectation of strong overseas demand on supply uncertainties in other producing nations owing to geo-political turmoil in Syria limited the downside

NCDEX accredited warehouses jeera stocks dropped by 309 tonnes to 2012 tonnes.

In Unjha, a key spot market in Gujarat, jeera edged down by -4.25 Rupees to end at 16482.7 Rupees per 100 kg.

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