Thursday, March 14, 2019

EPIC RESEARCH NCDEX UPDATE OF JEERA 14 MARCH 2019


  • Jeera trading range for the day is 15505-15945.
  • Jeera dropped as new season jeera new season jeera hitting the market.
  • However, downside seen limited on the back of increased buying as a result of lower output amid lower acreage in Gujarat.
  • Despite lower output in Gujarat, India's cumin seed output is pegged nearly 9% higher at 416,000 tons for 2018-19 because of increased production in Rajasthan.
  • In Unjha, a key spot market in Gujarat, jeera edged up by 29.2 Rupees to end at 16283.35 Rupees per 100 kg.

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