Tuesday, 12 February 2019

EPIC RESEARCH NCDEX Jeera UPDATE OF 12 February 2019



Jeera trading range for the day is 15320-15660.

Jeera settled flat on account of reports of progress in harvesting activities in the main producing regions of Gujarat and Rajasthan.

Commencement of fresh crop arrivals in key spot market of Unjha in Gujarat is putting downward pressure on prices.

In the 2nd advance estimate, cumin production in Gujarat is forecasted doen by 25% on year at 2.23 lakh tonnes for 2018/19 crop.

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