EPIC RESEARCH NCDEX UPDATE OF JEERA 3 APRIL 2019

• Jeera trading range for the day is 15510-15860.
  
• Jeera prices gained on short covering after prices dropped amid higher availability in the physical market and expectation of improved crop prospects.
• Demand for good quality new crop is gradually picking up.
• The fall in output in Syria and Turkey on account of loss of quality due to weather adversities will possibly make India the sole supplier.
• In Unjha, a key spot market in Gujarat, jeera edged up by 45.15 Rupees to end at 15856.25 Rupees per 100 kg.

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