Thursday, May 16, 2013

EPIC AGRI COMMODITY UPDATE: JEERA


Jeera trading range for the day is 13068-13308.
Jeera dropped due to estimates of higher output though export demand and a drop in local supplies limited the downside.
Export demand is expected to improve in the coming weeks because of a lack of supplies from Syria and Turkey.
NCDEX accredited warehouses jeera stocks gained by 144 tonnes to 7073 tonnes.
In Unjha, a key spot market in Gujarat, jeera gained 93.9 rupees to end at 13568.9 rupees per 100 kg.

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