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Jeera futures traded up on the back of short covering by traders. It gained in physical markets on export demand. Traders said that continuous export demand and tight supply pushed up jeera prices on the spot. Following it, short covering by market participants lifted jeera price up on the futures platform. On the National Commodity and Derivative Exchange, jeera January contract gained by ₹60 to ₹18,085 a quintal, with an open interest of 3,165 lots. March series increased by ₹40 to ₹16,690, with an open interest of 2,085 lots. At the Unjha mandi of Gujarat, arrival of the spice was reported at about 1,000 bags and prices increased by ₹10 to ₹3,200-3,600 per 20 kg. At Rajkot APMC, jeera prices were up by ₹5 to ₹3,300-3,650 per 20 kg.
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