EPIC RESEARCH NCDEX UPDATE OF JEERA 31 JANUARY 2018

• Jeera trading range for the day is 16055-16745.
  
• Jeera prices ended with losses on profit booking after prices gained amid increased export demand and spot demand.
• Jeera production in Gujarat was estimated at around 2.75 lakh tonnes last year, which is likely to touch 4.12 lakh tonnes this year.
• NCDEX accredited warehouses jeera stocks dropped by 33 tonnes to 10663 tonnes.
• In Unjha, a key spot market in Gujarat, jeera edged down by -155 Rupees to end at 19670 Rupees per 100 kg.

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