Jeera Trading Range For The Day Is 19500-20410 - Jeera News>> RipplesAdvisory

Jeera on NCDEX settled up 0.96% at 20025 on lower stocks position following tight supplies from the producing regions. Reports showed that the jeera arrival in June is lower this year compared to May as well as June last year. As per the data release by government, jeera exports in April 2017 was 14,599 tonnes, were down 9% from March. In 2016/17, country exports increase by 26% to 1.24 lt in as per the data release by Dept. of commerce, GOI.

Trading Ideas:

* Jeera trading range for the day is 19500-20410.

* Jeera prices continued its gains on lower stocks position following tight supplies from the producing regions.

* Reports showed that the jeera arrival is lower this year compared to May as well as June last year.

* NCDEX accredited warehouses jeera stocks gained by 21 tonnes to 1466 tonnes.

* In Unjha, a key spot market in Gujarat, jeera edged up by 134.95 Rupees to end at 19457.15 Rupees per 100 kg.

You May Also Like

0 comments

Note: only a member of this blog may post a comment.