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09-Aug2018

Jeera futures trade lower on higher arrivals

Jeera futures traded lower on NCDEX, as participants engaged in technical selling amid higher arrivals from growing regions, even though trend is still positive for cumin on lower rains in northern Gujarat, good physical and exports demands from China and Bangladesh.

The contract for August delivery was trading at Rs 19675.00, down by 0.20% or Rs 40.00 from its previous closing of Rs 19715.00. The open interest of the contract stood at 2382 lots.

The contract for September delivery was trading at Rs 20100.00, down by 0.07% or Rs 15.00 from its previous closing of Rs 20115.00. The open interest of the contract stood at 7518 lots on NCDEX.


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