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Jeera up 0.3%

The spice for delivery in Sept contract traded higher by 0.15%

Press Trust of India New Delhi
Last Updated : Sep 17 2013 | 2:07 PM IST
Jeera prices rose by Rs 40 to Rs 13,510 per quintal in futures trading today, as speculators built-up fresh positions, supported by upsurge in demand in the spot market.

At the National Commodity and Derivatives Exchange, jeera for delivery in October rose by Rs 40, or 0.3%, to Rs 13,510 per quintal with an open interest of 12,249 lots.

Similarly, jeera for delivery in September contract traded higher by Rs 20 or 0.15% to Rs 13.225 per quintal in 246 lots.

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Likewise, the spice for delivery in August contract traded higher by Rs 47.50, or 0.36% to Rs 13,160 per quintal in 6,453 lots.

Market analysts said speculators created fresh positions due to upsurge in demand in the spot market, mainly influenced jeera prices at futures trade.

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First Published: Sep 17 2013 | 2:05 PM IST

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