Jeera prices gained Rs 48 to Rs 14,407 per quintal at the futures trade today on emergence of buying due to pick-up in spot market demand.
At the National Commodity and Derivatives Exchange, jeera for delivery in September gained Rs 48 or 0.33 per cent to Rs 14,407 per quintal with an open interest of 1,614 lots. Similarly, July contract edged up by Rs 36 or 0.26 per cent to Rs 13,672 per quintal with a business turnover of 17,838 lots.
Analysts said fresh buying by traders on pick-up in demand at the spot market mainly helped jeera prices to trade higher at the futures trade.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.