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Jeera marginally up in futures trade on export demand

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Press Trust of India New Delhi

In range-bound movements, jeera prices gained 0.12% in futures trade today largely supported by fresh export enquiries. 

At the National Commodity and Derivatives Exchange, July contract for jeera gained Rs 18, or 0.12%, to Rs 15,268 per quintal, with an open interest of 11,649 lots.

It had ended 1.94% higher at Rs 15,250 per quintal in the previous session.

August contract edged up by Rs 14, or 0.09%, to Rs 15,689 per quintal, with a business turnover of 20,178 lots.

Analysts said fresh positions created by participants, buoyed by fresh export enquiries, mainly influenced jeera prices at futures trade here.

 

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First Published: Jul 04 2011 | 1:28 PM IST

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