Thursday, April 20, 2017

EPIC RESEARCH NCDEX UPDATE OF JEERA 20 April 2017

  • Jeera trading range for the day is 19055-19975. 
  • Jeera prices ended with losses on profit booking after prices gained on a lower output forecast and strong demand from overseas buyers. 
  • Sources estimate India’s jeera crop output will be around 2.5 lakh tonnes, lower than the 3.75 to 5 lakh-tonne estimated. 
  • NCDEX accredited warehouses jeera stocks gained by 12 tonnes to 873 tonnes. 
  •  In Unjha, a key spot market in Gujarat, jeera edged up by 82.15 Rupees to end at 19082.15 Rupees per 100 kg.
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