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25-Feb2019

Jeera futures trade lower on NCDEX

Jeera futures traded lower on NCDEX, as speculators reduced exposure on account of lower export demand in the physical market. Besides, expectation of higher output due to adequate availability of water in the growing regions also fuelled the downtrend.

The contract for March delivery was trading at Rs 15295.00, lower by 0.75% or Rs 115.00 from its previous closing of Rs 15410.00. The open interest of the contract stood at 2289 lots.

The contract for April delivery was trading at Rs 15070.00, down by 0.63% or Rs 95.00 from its previous closing of Rs 15165.00. The open interest of the contract stood at 2676 lots on NCDEX.


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