 "Jeera up 0.7% on rising demand")
Jeera remained higher for the second straight day and prices advanced by 0.76% to Rs 9,940 per quintal in futures trade today as speculators enlarged positions.
At the National Commodity and Derivatives Exchange, jeera for delivery in April gained Rs 75, or 0.76%, to Rs 9,940 per quintal with an open interest of 270 lots.
Similarly, the spice for delivery in May traded higher by Rs 65, or 0.65%, to Rs 10,050 per quintal in 9,921 lots.
Analysts said speculators enlarged positions supported by rising domestic and export demand in the spot market that kept jeera prices up for the second day at futures trade.
At the National Commodity and Derivatives Exchange, jeera for delivery in April gained Rs 75, or 0.76%, to Rs 9,940 per quintal with an open interest of 270 lots.
Similarly, the spice for delivery in May traded higher by Rs 65, or 0.65%, to Rs 10,050 per quintal in 9,921 lots.
Analysts said speculators enlarged positions supported by rising domestic and export demand in the spot market that kept jeera prices up for the second day at futures trade.