Thursday, May 02, 2019

EPIC RESEARCH NCDEX UPDATE OF JEERA 2 MAY 2019


  • Jeera trading range for the day is 16705-17305.
  • Jeera dropped on profit booking after prices gained due to the increase in the export demand.
  • Cumin seed production in Syria and Turkey is estimated to decline, Syria production is estimated around 25,000 tonnes this year
  • Production of Jeera in Gujarat in 2018-19 is expected to be lower by about 25 percent to 2.23 lakh MT compared to last year’s.
  • In Unjha, a key spot market in Gujarat, jeera edged down by -181.75 Rupees to end at 16961.1 Rupees per 100 kg.

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