EPIC RESEARCH NCDEX JEERA UPDATE OF 01 NOVEMBER 2017

Jeera trading range for the day is 18600-19080.Jeera prices ended with losses tracking weakness in spot demand on higher acreage. Rainfall is forecast to be dry in growing states such as Gujarat and Rajasthan until Nov 3 while sowing activities are expected to gain pace. NCDEX accredited warehouses jeera stocks dropped by 54 tonnes to 6973 tonnes. In Unjha, a key spot market in Gujarat, jeera remains unchanged at0 Rupees to end at 18895.85 Rupees per 100 kg.

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