Jeera futures marginally up

PTI New Delhi | Updated on June 21, 2011

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.

Published on June 21, 2011

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