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13-Aug2018

Jeera futures trade higher on firm demand

Jeera futures traded higher on NCDEX, due to accumulation of bets by market players counting on still positive trend in midst of lower rains in northern Gujarat. Meanwhile, good physical and exports demands from China and Bangladesh also fuelled the upward momentum.

The contract for August delivery was trading at Rs 19480.00, up by 0.72% or Rs 140.00 from its previous closing of Rs 19340.00. The open interest of the contract stood at 1059 lots.

The contract for September delivery was trading at Rs 19870.00, up by 0.15% or Rs 30.00 from its previous closing of Rs 19840.00. The open interest of the contract stood at 8547 lots on NCDEX.



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