EPIC RESEARCH NCDEX UPDATE OF JEERA 28 JANUARY 2019

• Jeera trading range for the day is 16185-16505.
  
• Jeera prices remained under pressure due to positive crop prospects due to favourable weather conditions.
• However, downside seen limited on reports of deficient rainfall in key producing region of Gujarat like Saurashtra and Kutch.
• NCDEX accredited warehouses jeera stocks dropped by 29 tonnes to 231 tonnes.
• In Unjha, a key spot market in Gujarat, jeera edged down by -176.95 Rupees to end at 17638.45 Rupees per 100 kg.

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