EPIC RESEARCH NCDEX JEERA UPDATE OF 28 JULY 2016

Jeera trading range for the day is 18955-20275. Jeera prices dropped on profit booking after prices gained amid good demand in the physical market and lower arrivals as monsoon hit most parts of Gujarat.As per 4th advance estimate of Gujarat State for 2015-16, production is pegged at 2.38 lt compared to 1.97 lt in 2014-15. In 2013-14, production was 3.46 lt.NCDEX accredited warehouses jeera stocks gained by 122 tonnes to 5065 tonnes.In Unjha, a key spot market in Gujarat, jeera edged down by -92.85 rupees to end at 19492.85 rupee per 100 kg.For more information ✆ - 0731-6642300 Visit http://www.epicresearch.co