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 trade higher on NCDEX

Jeera futures traded higher on NCDEX as supplies are reducing gradually in the physical market as new season is coming to an end. Further, good demand from the bulk buyers and exporters added upside.The......

Jeera futures trade lower on heavy supplies

Jeera futures traded lower on NCDEX as market participants reduced exposure on the back of heavy supplies in the physical market. Though, improving demand from the bulk buyers for new season crop, trimmed......

Jeera futures trades higher on fresh buying

Jeera futures were trading higher on NCDEX as speculators indulged in fresh buying tracking pickup in demand for good quality new crop. However, higher availability of Jeera in the physical market capped......

Top News

View all news

Lupin seeks more time from commerce ministry to complete project in Indore SEZ

Lupin has sought more time from the commerce ministry to complete its project, with proposed investment of Rs 205.69 crore, in the Indore Special Economic Zone (SEZ). The company is setting up its pharma......

Tata Sponge Iron to shift its registered office to Kolkata

Tata Sponge Iron has decided to shift its registered office from Keonjhar in Odisha to Kolkata, subject to the approval of the members of the company and other regulatory authorities. The company has also......

GVK Power's arms ink pact with ADIA, NIIF

GVK Power and Infrastructure's subsidiaries -- GVK Airports Developer (GVKADL) and GVK Airport Holdings (GVKAHL) have signed a term sheet and exclusivity agreement with Abu Dhabi Investment Authority (ADIA)......