Tuesday, February 12, 2019

EPIC RESEARCH NCDEX UPDATE OF JEERA 12 FEBRUARY 2019


  • Jeera trading range for the day is 15320-15660.
  • Jeera settled flat on account of reports of progress in harvesting activities in the main producing regions of Gujarat and Rajasthan.
  • Commencement of fresh crop arrivals in key spot market of Unjha in Gujarat is putting downward pressure on prices.
  • In the 2nd advance estimate, cumin production in Gujarat is forecasted doen by 25% on year at 2.23 lakh tonnes for 2018/19 crop.
  • In Unjha, a key spot market in Gujarat, jeera edged down by -19.1 Rupees to end at 16588.9 Rupees per 100 kg.

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