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04-May2018

Jeera futures decline despite lower arrivals

Jeera futures declined on NCDEX as traders locked-in gains at prevailing higher levels amid muted demand in the spot market. Lower arrivals from growing regions failed to increase demand.

The contract for May delivery was trading at Rs 15650.00, down by 0.51 % or Rs 80.00 from its previous closing of Rs 15730.00. The open interest of the contract stood at 4638 lots.

The contract for June delivery was trading at Rs 15580.00, down by 0.73 % or Rs 115.00 from its previous closing of Rs 15695.00. The open interest of the contract stood at 4167 lots on NCDEX.


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