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21-Sep2018

Jeera futures decline on favourable climate conditions

Jeera futures declined on NCDEX, due to liquidation of bets at prevailing high price levels counting on improved rains in the central Gujarat major Jeera producing area. However, improved physical and export demand failed to provide any momentum.

The contract for October delivery was trading at Rs 19420.00, down by 0.92% or Rs 180.00 from its previous closing of Rs 19600.00. The open interest of the contract stood at 7413 lots.

The contract for November delivery was trading at Rs 19630.00, down by 0.96% or Rs 190.00 from its previous closing of Rs 19820.00. The open interest of the contract stood at 1278 lots on NCDEX.


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