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01-Mar2019

Jeera futures trade higher on lower production

Jeera futures traded higher on NCDEX, on account of lower production as a result of lower acreage in Gujarat. Though, weak export demand in the physical market, trimmed some gains.

The contract for March delivery was trading at Rs 15470.00, up by 0.29% or Rs 45.00 from its previous closing of Rs 15425.00. The open interest of the contract stood at 2064 lots.

The contract for April delivery was trading at Rs. 15200.00, gain by 0.36% or Rs 55.00 from its previous closing of Rs 15145.00. The open interest of the contract stood at 3225 lots on NCDEX.


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