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21-Feb2019

Jeera futures trade lower on fresh crop arrivals

Jeera futures traded lower on NCDEX with the liquidation of bets tracking fresh crop arrivals in key spot market of Unjha in Gujarat. Besides, slowing export demand in the physical market also triggered the downside momentum.

The contract for March delivery was trading at Rs 15440.00, lower by 1.03% or Rs 160.00 from its previous closing of Rs 15600.00. The open interest of the contract stood at 2331 lots.

The contract for April delivery was trading at Rs 15185.00, down 0.62% or Rs 95.00 from its previous closing of Rs 15280.00. The open interest of the contract stood at 2448 lots on NCDEX.


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