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22-Aug2016

Jeera futures edge lower on NCDEX

Jeera futures edged lower on NCDEX as participants trimmed their positions, tracking a weak trend at spot market on subdued demand. Besides, adequate stocks position on higher supplies from producing regions also weighed on jeera prices.

The contract for September delivery was trading at Rs 18330.00, down by 1.32% or Rs 245.00 from its previous closing of Rs 18575.00.The open interest of the contract stood at 19188 lots.

The contract for October delivery was trading at Rs 18515.00, down by 1.49% or Rs 280.00 from its previous closing of Rs 18795.00. The open interest of the contract stood at 4578 lots on NCDEX.


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