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22-Feb2019

Jeera futures trade lower on weak demand

Jeera futures traded lower on NCDEX tracking weakness in spot demand as new season jeera is expected to hit the market soon. However, a decline in crop in Gujarat due to lower acreage, capped some losses.

The contract for March delivery was trading at Rs 15355.00, lower by 0.74% or Rs 115.00 from its previous closing of Rs 15470.00. The open interest of the contract stood at 2319 lots.

The contract for April delivery was trading at Rs 15090.00, down 0.85% or Rs 130.00 from its previous closing of Rs 15220.00. The open interest of the contract stood at 2613 lots on NCDEX.


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