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14-Jan2019

Jeera futures surge on pick up in demand

Jeera futures surged on NCDEX, due to fresh positions built up, driven by pick-up in demand from stockists and overseas enquiries. Besides, tight stock positions following restricted arrivals from the growing regions fuelled the uptrend.

The contract for January delivery was trading at Rs 17750.00, up by 2.51% or Rs 435.00 from its previous closing of Rs 17315.00. The open interest of the contract stood at 675 lots.

The contract for March delivery was trading at Rs 17215.00, up by 1.00% or Rs 170.00 from its previous closing of Rs 17045.00. The open interest of the contract stood at 2688 lots on NCDEX.


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