Jeera prices rose by Rs 262.50 to Rs 13,332.50 per quintal in futures trade today as speculators enlarged their positions largely supported by rising demand in spot markets.
Restricted arrivals from producing regions in the physical market also influenced jeera prices.
At the National Commodity and Derivatives Exchange, jeera for delivery in July rose by Rs 262.50, or 2.01%, to Rs 13,332.50 per quintal with an open interest of 14,787 lots.
The June contract moved up by Rs 242.50, or 1.91%, to Rs 12,947.50 per quintal in 10,188 lots.
Analysts said a firming trend in spot markets on the back of pick-up in demand and limited arrivals from producing belts, mainly pushed up jeera prices at futures trade.
