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28-Feb2019

Jeera futures trade lower on NCDEX

Jeera futures traded lower on NCDEX, due to expectation of higher output in the coming days due to adequate availability of water in the growing regions. Further, lower export demand in the physical market too fuelled the downtrend.

The contract for March delivery was trading at Rs 15410.00, lower by 0.19% or Rs 30.00 from its previous closing of Rs 15440.00. The open interest of the contract stood at 2046 lots.

The contract for April delivery was trading at Rs 15120.00, down by 0.3% or Rs 45.00 from its previous closing of Rs 15165.00. The open interest of the contract stood at 3162 lots on NCDEX.


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