EPIC RESEARCH NCDEX JEERA UPDATE OF 28 FEBRUARY 2018

Jeera trading range for the day is 14500-15420. Jeera prices dropped due to narrowing of bets by investors driven by sluggish demand amid relentless supplies from growing regions. Moreover, expectation of higher production in current year also kept prices down. NCDEX accredited warehouses jeera stocks gained by 174 tonnes to 8767 tonnes. In Unjha, a key spot market in Gujarat, jeera edged down by -24.85 Rupees to end at 17422.2 Rupees per 100 kg.

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