EPIC RESEARCH NCDEX UPDATE OF JEERA 8 FEBRUARY 2017

Jeera trading range for the day is 17070-17470. Jeera settled flat dropped owing to sluggish domestic amid exports demand in the spot market.  However downside seen limited on forecast of fall in jeera production by 12% due to lower acreage. At Unjha market in Mehsana, arrivals were reported at 1400 quintals, down by 1000 quintals as compared to previous day. In Unjha, a key spot market in Gujarat, jeera edged down by -83.35 Rupees to end at 18166.65 Rupees per 100 kg. 

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