EPIC RESEARCH NCDEX JEERA UPDATE OF 18 April 2017

Jeera trading range for the day is 18810-20030. Jeera prices gained on a lower output forecast and strong demand from overseas buyers. Reports to poor output in two other major producing countries, Syria and Turkey also supporting ptices. NCDEX accredited warehouses jeera stocks gained by 15 tonnes to 855 tonnes. In Unjha, a key spot market in Gujarat, jeera edged up by 499.15 Rupees to end at 19186.65 Rupees per 100 kg.

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