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Friday, June 17, 2016

EPIC RESEARCH NCDEX JEERA UPDATE OF 17 JUNE 2016

Jeera trading range for the day is 16765-17605.
Jeera prices dropped on profit booking after prices gained on anticipation of improved export demand in coming months.
Reduced stock for domestic consumption coupled with strong export outlook for 2016-17 limited the downside.
NCDEX accredited warehouses jeera stocks dropped by 57 tonnes to 3439 tonnes.
In Unjha, a key spot market in Gujarat, jeera edged up by 133.35 rupees to end at 17400 rupee per 100 kg.
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