 "Jeera gains 0.58% on spot demand")
Jeera prices moved up by 0.58 per cent to Rs 16,460 per quintal in futures trade today, tracking a firm trend at spot market on pick-up in demand.
Besides, restricted supplies from producing belts in the physical market supported the upside.
At the National Commodity and Derivatives Exchange, jeera for delivery in April rose by Rs 95, or 0.58 per cent to Rs 16,460 per quintal with an open interest of 5,436 lots.
Analysts attributed the rise in jeera futures to pick-up in demand in the spot market amid restricted supplies from producing belts.
Besides, restricted supplies from producing belts in the physical market supported the upside.
At the National Commodity and Derivatives Exchange, jeera for delivery in April rose by Rs 95, or 0.58 per cent to Rs 16,460 per quintal with an open interest of 5,436 lots.
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The May contract gained Rs 75, or 0.45 per cent to Rs 16,785 per quintal in 13,338 lots.
Analysts attributed the rise in jeera futures to pick-up in demand in the spot market amid restricted supplies from producing belts.