Jeera prices rose by Rs 71 or 0.58 per cent to Rs 12,225 per quintal in futures trade today after speculators enlarged their positions, supported by pick up in demand at spot markets.
Less arrivals in physical markets also influenced the jeera prices at futures trade.
At the National Commodity and Derivative Exchange, jeera for August-month contract rose by Rs 71,or 0.58 per cent to Rs 12,225 per quintal, with an open interest of 11,025 lots.
Similarly, the spice for delivery in July contract went up Rs 65, or 0.54 per cent to Rs 12,010 per quintal, with a trading volume of 10,467 lots.
Marketmen said fresh buying by speculators on pick up in demand, against restricted arrivals from the producing regions in the physical market led to a rise in jeera prices at futures trade here.
