 "Jeera up 0.2% on spot demand")
Jeera prices rose by 0.25% to Rs 10,090 per quintal in futures trading today as participants built-up positions supported by a rise in demand in the spot market.
However, expectations of higher output restricted the gains.
At the National Commodity and Derivatives Exchange, jeera for delivery in April rose by Rs 25, or 0.25% to Rs 10,090 per quintal with an open interest of 8,184 lots.
Analysts said fresh positions created by speculators supported by a rise in demand in the spot market mainly led to rise in jeera prices at futures trade.
However, expectations of higher output restricted the gains.
At the National Commodity and Derivatives Exchange, jeera for delivery in April rose by Rs 25, or 0.25% to Rs 10,090 per quintal with an open interest of 8,184 lots.
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Similarly, the spice for delivery in May edged up by Rs 20, or 0.20% to Rs 10,180 per quintal in 5,613 lots.
Analysts said fresh positions created by speculators supported by a rise in demand in the spot market mainly led to rise in jeera prices at futures trade.