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13-Mar2019

Jeera futures trade lower on higher arrivals

Jeera futures traded lower on NCDEX, on account of higher arrivals in the physical market and expectation of improved crop prospects. Though, improving physical demand for the crop, trimmed some losses.

The contract for April delivery was trading at Rs 15720.00, lower by 0.03% or Rs 5.00 from its previous closing of Rs 15725.00. The open interest of the contract stood at 4200 lots.

The contract for May delivery was trading at Rs 15840.00, down 0.06% or Rs 10.00 from its previous closing of Rs 15850.00. The open interest of the contract stood at 1314 lots on NCDEX.


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