Supported by strong demand in the spot markets, jeera prices surged 1.79% to Rs 10,810 per quintal in futures trading today as speculators enlarged positions.
At the National Commodity and Derivatives Exchange, jeera for delivery in June shot up by Rs 190, or 1.79% to Rs 10,810 per quintal with an open interest of 4,287 lots.
Similarly, the spice for delivery in May traded higher by Rs 175, or 1.67% to Rs 10,670 per quintal in 8,619 lots.
Analysts said strong demand in the spot markets mainly attributed gains in jeera prices at futures trade.
At the National Commodity and Derivatives Exchange, jeera for delivery in June shot up by Rs 190, or 1.79% to Rs 10,810 per quintal with an open interest of 4,287 lots.
Similarly, the spice for delivery in May traded higher by Rs 175, or 1.67% to Rs 10,670 per quintal in 8,619 lots.
Analysts said strong demand in the spot markets mainly attributed gains in jeera prices at futures trade.