Jeera July 8, 2011 Commodity Month Open High Low Close Volume

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Jeera July 8, 2011 Commodity Month Open High Low Close Volume
Jeera
July 8, 2011
Commodity
Month
JEERAUNJHA
20
July
2011
19
Aug
2011
20
Sep
2011
JEERAUNJHA
JEERAUNJHA
Open
High
Low
Close
Volume
MT
Volume
Cr
Open
Interest
MT
Price
Change
14705
14890
14694
14745
6027
89.16
9951
-16
15160
15298
15101
15148
4071
61.89
19164
-17
15611
15665
15424
15534
459
7.15
8754
-4
10557
158.21
37869
OI
Change
(MT)
OI
Change
%
LAST TRADED SESSION’S EXCHANGE COMMENTARY
Commodity
Month
JEERAUNJHA
20July-11
19 Aug
11
20 Sep
11
JEERAUNJHA
JEERAUNJHA
Closing
Price
Price
Change
Volume
Change
(MT)
Volume
Change
%
14745.00
-16.00
-4782.00
-44.24
-120.00
-1.19
-0.11
15148.00
-17.00
-3960.00
-49.31
-108.00
-0.56
-0.11
15534.00
-4.00
-1050.00
-9792
-69.58
165.00
-63
1.92
-0.03
FUNDAMENTALS FACTORS & PRICE DRIVER






Price
Change
%
Unjha – Today Spot market open 25-50rs down per quintal and arrival is approx
6000-7000bags (1bag =60kg). Yesterday arrival was 7000-8000bags and total
10000-12000bags traded in physical market .Monsoon starts in Gujarat, considerable
showers reported in Unjha and Ahmedabad.
NCDEX quality cost 14400-14800 per quintals.
Las session future market closed marginally down , OI changed decreased by 63MT
and Total volume was 10557 MT (158.21cr)
Jun month FSP declared at 13997.65rs per quintal and closing open interest was
1530 Mt.
Besides India, cumin seed or jeera is cultivated in Iran, Turkey and in Syria mainly
for exports. The new crop in Syria and Turkey is harvested in August–September, so
until then, Indian jeera will find good market in overseas countries.
The harvest period in India for cumin starts around February-March. The country is
the world’s largest producer and consumer of the commodity. While India consumes
75-80% of the commodity produced, the other producing countries export most of
the product.


The global market for jeera shows a lower pressure during June –August due to
arrival pressure from Syria, Turkey and Iran.
STOCK POSITION
Stock Position as on 6 July 2011 (MT)
Demat Stock
10527
FED Stock Position as on 27 Jun
2011 (MT)
05 July 2011
2232
05 Aug 2011
In Process
317
3196
05 Sep 2011
3394
05 Oct 2011
05 Nov 2011
3045
141
Total
10844
*Jeera has four months validity and No revalidation is allowed in it.
* Ware house rent per lot 450-550 (approx –its depend WSP)
* Testing Charges -850 per lot (approx)
Spread
12007
Today’s Margin
Month
Volatility
Margin
20 July 2011
19 Aug 2011
20 Sep 2011
5.41
5.3
5.21
Exposure
Margin
3.25
3.25
3.25
Additional Total
Margin
0
0
0
8.66
8.55
8.46
Thanks and Regards,
Anil Jayswal
098980 66934
Srikant Ambati 99300 07549
Disclaimer
This report is for general information of the recipients. The views and opinions expressed in
this document may or may not match the views of the reader. It does not constitute a
personal recommendation or take into account the particular investment objectives,
financial situations, or other needs of the reader. This document is not intended to be and
must not be taken as the basis for any investment decision. It should be noted that the
information contained herein is from publicly available data or other sources believed to be
reliable. We are not soliciting any action based upon this material. Neither NCDEX, nor any
person connected with it, accepts any liability arising from the use of this document.

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