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Jeera futures up 0.66% on export demand

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Press Trust of India New Delhi

Jeera prices rose by 0.66% to Rs 16,620 per quintal in futures trade today on pick-up in export demand against tight supplies.

At the National Commodity and Derivatives Exchange, jeera for delivery in January rose by Rs 109, or 0.66%, to Rs 16,620 per quintal, with an open interest of 9,705 lots.

The February contract gained Rs 97, or 0.57%, to Rs 17,000 per quintal, with an open interest of 13,626 lots.

Analysts said besides pick-up in export demand, restricted arrivals from producing regions mainly pushed up jeera prices at futures trade.

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First Published: Jan 03 2012 | 1:25 PM IST

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