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Jeera moves up 0.4% on spot demand

Prices went up as speculators created fresh positions

Press Trust of India New Delhi
Last Updated : Feb 14 2013 | 2:32 PM IST
Jeera futures for March rose by Rs 55, or 0.42% to Rs 13,225 per quintal in 10,326 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the April contract rose by Rs 40, or 0.3% to Rs 13,292.50 per quintal in 7404 lots.

Prices went up as speculators created fresh positions after some improvement in spot market demand.

However, rising supplies of the new crop and expectations of a rise in output this season limited the gains.

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First Published: Feb 14 2013 | 2:30 PM IST

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