Friday 24 June 2016

EPIC RESEARCH NCDEX JEERA UPDATE OF 24 JUNE 2016

Jeera trading range for the day is 17215-18065. Jeera prices gained on anticipation of improved export demand in coming months. In Rajasthan, jeera output expected to be lower this year, compared to last year due to hot weather and lower acreage. Industrial buyers have already sourced sufficient quantity for the domestic requirements but the export demand may pick up In Unjha, a key spot market in Gujarat, jeera edged up by 112.5 rupees to end at 17612.5 rupee per 100 kg.
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