Breaking News

You are here » Indian-Commodity  :  Commodities  :  Jeera  :  Jeera futures edge higher on NCDEX

16-Sep2016

Jeera futures edge higher on NCDEX

Jeera futures edged higher on NCDEX on account of expectation of fresh export demand coupled with tight supply from the producing belts. Though, some gains were capped due to limited demand at the spot market.

The contract for September delivery was trading at Rs 17870.00, up by 1.07% or Rs 190.00 from its previous closing of Rs 17680.00.The open interest of the contract stood at 1365 lots.

The contract for October delivery was trading at Rs 17855.00, up by 0.96% or Rs 170.00 from its previous closing of Rs 17685.00. The open interest of the contract stood at 16050 lots on NCDEX.


Related News

View all news

Jeera futures surge on production concern

Jeera futures surged on NCDEX, due to technical buying by stockists and retailers amid expectations of lower production with the scanty rains in the cumin producing districts of Gujarat. Moreover, steady......

Jeera futures trade lower on NCDEX

Jeera futures traded lower on NCDEX, as traders locked-in their gains in conjunction with dip in export demands at prevailing higher price levels. Further, increased arrivals and good stocks also weighed......

Jeera futures trade bullish on NCDEX

Jeera futures traded bullish on NCDEX, on some technical bounce and bargain buying by market players. Besides, improved physical domestic and exports demands from China and Bangladesh also added upside.The......

Top News

View all news

PNB plans to sell non-core assets worth Rs 8,600 crore during FY19

Punjab National Bank (PNB) has recognized various assets, including its housing finance arm, for sale and hopes to realise Rs 8,600 crore from these non-core assets during the current fiscal. Meanwhile,......

SBI launches YONO six-day shopping festival

State Bank of India's (SBI) digital service platform YONO has launched a six-day shopping festival beginning October 16 in which customers using the app for shopping via online portals can avail discounts.......

Victory Paper to set up textile unit in Tamil Nadu

Victory Paper and Boards has received an approval for setting up of textile unit at Karur in the state of Tamil Nadu as a part of diversification of the operations of the company and purchase of 32.73......