Monday, March 18, 2019

EPIC RESEARCH NCDEX UPDATE OF JEERA 18 MARCH 2019


  • Jeera trading range for the day is 15230-15540.
  • Jeera dropped tracking weakness in spot demand due to expectations of higher output.
  • India's cumin seed output is set to touch 416,000 tons for 2018-19 season, about 9% higher than the previous year.
  • Amid increased production and a carryover stock of about 27,500 tons, the trade has set its eyes on the crop from international suppliers.
  • In Unjha, a key spot market in Gujarat, jeera edged down by -162.5 Rupees to end at 15950 Rupees per 100 kg.

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