Wednesday, August 23, 2017

EPIC RESEARCH NCDEX UPDATE OF JEERA 23 AUGUST 2017


  • Jeera trading range for the day is 19295-20165. 
  • Jeera ended with losses tracking weakness in spot demand on expectation of diminishing stocks in coming months.
  • However downside seen limited due to reports good physical and export demand and loss to stored jeera by heavy rains in Gujarat.
  • NCDEX accredited warehouses jeera stocks gained by 9 tonnes to 2403 tonnes.
  • In Unjha, a key spot market in Gujarat, jeera edged up by 192.5 Rupees to end at 19480 Rupees per 100 kg.

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