Jeera prices were up 0.87 per cent to Rs 16,280 per quintal in futures trade today after traders enlarged positions, taking positive cues from spot market.
In futures trading at the National Commodity and Derivatives Exchange, jeera for delivery in October rose Rs 140, or 0.87 per cent to Rs 16,280 per quintal with an open interest of 13,530 lots.
Similarly, the spice for delivery in October contracts traded higher by Rs 110, or 0.70 per cent to Rs 15,795 per quintal in 6,609 lots.
Analysts attributed the rise in jeera futures prices to pick up in demand in the spot market against restricted supplies from producing belts.
