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Jeera up 0.74 pc in futures trade on rising demand

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Press Trust of India New Delhi
Last Updated : Nov 27 2014 | 12:15 PM IST
Jeera prices moved up by 0.74 per cent to Rs 12,310 per quintal in futures trading today, supported by rising domestic and export demand in the spot market.
Besides, limited arrivals from producing belts further fuelled the uptrend.
At the National Commodity and Derivatives Exchange, jeera for delivery in January next year gained Rs 90, or 0.74 per cent, to Rs 12,310 per quintal with an open interest of 3,864 lots.
Similarly, the spice for delivery in December contract traded higher by Rs 80, or 0.66 per cent, to Rs 12,130 per quintal in 6,507 lots.
Analysts said apart from rising domestic and export demand in the spot market, tight supplies from producing belts mainly led to the rise in jeera prices in futures trade.

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First Published: Nov 27 2014 | 12:15 PM IST

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