Sunday, 15 June 2014

Capital stroke NCDEX Update : JEERA 16 June 2014



Jeera trading range for the day is 10940-11300.
Jeera dropped on profit booking amid comfortable stock positions on the back of record high production coupled with huge carryover stocks.
However downside seen limited on expectations of a pickup in the demand from the overseas markets ahead of Ramadan.
In Rajkot sources reported arrivals at 980 quintals, down by 270 quintals as compared to previous day.
In Unjha, a key spot market in Gujarat, jeera edged up by 82.8 rupees to end at 11118.75 rupee per 100 kg.

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