Friday, February 15, 2013
EPIC AGRI COMMODITY UPDATE:JEERA
Jeera trading range for the day is 13085-13441.
Jeera gained as some lower-level buying in spot supported prices but upside was limited on rising supplies.
Supplies would increase gradually in the spot markets and would keep prices under pressure.
Export demand is also expected to pick up in the coming months due to lower production reports in Turkey and Syria
In Unjha, a key spot market in Gujarat, jeera gained 72.65 rupees to end at 13776.2 rupees per 100 kg.
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