Jeera prices traded marginally higher by adding Rs 16, or 0.13 per cent, to Rs 12,120 per quintal in futures trade today, as speculators enlarged their positions, supported by pick up in demand at spot markets.
Tight arrivals in physical markets also influenced the jeera prices at futures trade.
At the National Commodity and Derivative Exchange, jeera for July contract traded marginally higher by Rs 16, or 0.13 per cent, to Rs 12,120 per quintal, with an open interest of 10,170 lots.
Similarly, the spice for delivery in August contract gained Rs 10, or 0.08 per cent, to Rs 12,345 per quintal, with a trading volume of 10,842 lots.
Marketmen said pick up in demand in the spot market and restricted arrivals from the producing regions helped jeera prices to trade higher at futures market.
Expectations of higher production also restricted gains, they said.
