Breaking News

You are here » Indian-Commodity  :  Commodities  :  Jeera  :  Jeera futures trade higher on uptick in demand

10-Dec2018

Jeera futures trade higher on uptick in demand

Jeera futures traded higher on NCDEX, due to enlargement in demand by market players tracking uptick in demand from spot domestic and export markets. However, improvement in cumin acreage has capped some gains.

The contract for December delivery was trading at Rs 18690.00, up by 0.95% or Rs 175.00 from its previous closing of Rs 18515.00. The open interest of the contract stood at 1281 lots.

The contract for January delivery was trading at Rs 18920.00, up by 0.88% or Rs 165.00 from its previous closing of Rs 18755.00. The open interest of the contract stood at 3183 lots on NCDEX.


Related News

View all news

Jeera futures trade lower on NCDEX

Jeera futures traded lower on NCDEX, as market players liquidated their holdings on anticipation of rise in production amid reports of higher sowing of cumin in Gujarat and Rajasthan. However, steady domestic......

Jeera futures trade higher on lower arrivals

Jeera futures traded higher on NCDEX, with concern that cumin yields may dip in coming season amid reports of deficient rainfall in key producing region of Gujarat like Saurashtra and Kutch. As per reports,......

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......

Top News

View all news

Maruti Suzuki opens bookings for New Baleno

Maruti Suzuki India has opened bookings for the new edition of India's most preferred premium hatchback, Baleno. New Baleno, the style icon of Nexa has been refreshed with a fresh sense of premium-ness......

SpiceJet reports passenger load factor of 92.7% in December

SpiceJet has reported the Passenger Load Factor (PLF) of 92.7% during the month of December 2018. The company had reported PLF of 91.1% during the month of November 2018.The PLF is a key indicator of the......

InterGlobe Aviation reports passenger load factor of 88.9% in December

InterGlobe Aviation (IndiGo) has reported the Passenger Load Factor (PLF) of 88.9% during the month of December 2018. The company had reported PLF of 84.9% during November 2018. The PLF is a key indicator......