EPIC RESEARCH NCDEX UPDATE OF JEERA 29 SEPTEMBER 2017

• Jeera trading range for the day is 18720-19230.
  
• Jeera prices ended with gains on short covering after prices dropped on expectation of higher sowing area in the upcoming season.
• Moreover, increased deposits to the NCDEX warehouses from past few days indicate that the quality of the stocks is not impacted by floods in Rajasthan and Gujarat.
• NCDEX accredited warehouses jeera stocks gained by 147 tonnes to 5121 tonnes.
• In Unjha, a key spot market in Gujarat, jeera edged up by 17.75 Rupees to end at 18984.4 Rupees per 100 kg.

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