Jeera prices rose Rs 135, or 0.71 per cent up, to close at Rs 19,120 per quintal in futures trading today as participants raised bets, tracking a firm trend at spot market on rising domestic demand.
Further, tight stocks position following restricted arrivals from the growing regions fuelled the uptrend.
At the National Commodity and Derivatives Exchange, jeera for delivery in the November rose Rs 135, or 0.71 per cent, to close at Rs 19,120 per quintal, with an open interest of 7,518 lots.
On similar lines, the contract for October was trading higher at Rs 19,040, up by 0.69 per cent, or Rs 130 per quintal, with an open interest at 7,818 lots.
Analysts said the rise in jeera prices at futures trade was supported by increased buying by retailers and stockists at the spot market amid restricted supplies from producing regions.
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