Breaking News

You are here » Indian-Commodity  :  Commodities  :  Jeera  :  Jeera futures trade moderately lower on NCDEX

27-Apr2018

Jeera futures trade moderately lower on NCDEX

Jeera futures traded moderately lower on NCDEX, as market players indulged in offloading positions triggered by adequate stocks position on increased arrivals from producing regions in the physical market. Further, sluggish demand in physical market also weighed on the cumin price in future trade.

The contract for May delivery was trading at Rs 15815.00, down by 0.78 % or Rs 125.00 from its previous closing of Rs 15940.00. The open interest of the contract stood at 5514 lots.

The contract for June delivery was trading at Rs 15850.00, down by 0.25 % or Rs 40.00 from its previous closing of Rs 15890.00. The open interest of the contract stood at 3564 lots on NCDEX.


Related News

View all news

Jeera futures trade slightly higher on good demand

Jeera futures traded slightly higher on NCDEX, on the back of good domestic and export demand from China and Bangladesh. As per reports, the country exports about 88.865 tonnes of Jeera both in seed and......

Jeera futures trade lower on NCDEX

Jeera futures traded lower on NCDEX, due to liquidation of bets at prevailing higher profits amid the report about increased rains in the central Gujarat- the major cumin producing area. Though, uptick......

Jeera futures trade in green on strong demand

Jeera futures traded in green on NCDEX, with the enlarged position by market players after its fall to 5-week lower price in the previous session. Besides, positive trend in spot domestic market and ......

Top News

View all news

TI Financial Holdings to make investment of up to Rs 50 crore

TI Financial Holdings has received an approval for the further investment in shares of Cholamandalam Investment and Finance Company (CIFCL) up to 300,000 equity shares Rs 10 each, up to a sum not exceeding......

Glenmark Pharma inducts into Dow Jones Sustainability Indices 2018

Glenmark Pharmaceuticals has been listed on the Dow Jones Sustainability Indices 2018. Dow Jones Sustainability Index (DJSI) is one of the most esteemed global benchmarks for sustainable business practices.......

Tata Steel completes acquisition of 51% equity stake in CPDPL

Tata Steel has completed the acquisition of 51% equity stake in Creative Port Development (CPDPL). Earlier, the company had executed definitive agreement for development of Subarnarekha Port &......