Breaking News

You are here » Indian-Commodity  :  Commodities  :  Jeera  :  Jeera futures trade lower on higher arrivals

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.


Related News

View all news

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......

Jeera futures trade lower on higher supplies

Jeera futures traded lower on NCDEX as speculators reduced exposure on account of ample stocks following higher supplies from the producing regions. However, firm physical and export demand from the bulk......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......