EPIC RESEARCH NCDEX UPDATE OF JEERA 16 MARCH 2017

• Jeera trading range for the day is 16660-17060.
  
• Jeera prices ended with gains on reports of lower production estimates in Gujarat and improved exports.
• The carryover stock has dipped to about 2 lakh bags as against the normal 20-25 lakh bags.
• NCDEX accredited warehouses jeera stocks gained by 75 tonnes to 87 tonnes.
• In Unjha, a key spot market in Gujarat, jeera edged down by -126.05 Rupees to end at 17090.6 Rupees per 100 kg.

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