Breaking News

You are here » Indian-Commodity  :  Commodities  :  Jeera  :  Jeera futures trade modestly lower on profit booking

24-Aug2018

Jeera futures trade modestly lower on profit booking

Jeera futures traded modestly lower on NCDEX, due to profit booking by participants tracking improved rains in the central Gujarat which is major Jeera producing area. As per reports, in August cumin prices have slipped more than 4 % from its high on concern about exports at higher levels.

The contract for September delivery was trading at Rs 19400.00, down by 1.20% or Rs 235.00 from its previous closing of Rs 19635.00. The open interest of the contract stood at 7101 lots.

The contract for October delivery was trading at Rs 19685.00, down by 1.23% or Rs 245.00 from its previous closing of Rs 19930.00. The open interest of the contract stood at 2061 lots on NCDEX.


Related News

View all news

Jeera futures trade higher on NCDEX

Jeera futures traded higher on NCDEX as supplies are reducing gradually in the physical market as new season is coming to an end. Further, good demand from the bulk buyers and exporters added upside.The......

Jeera futures trade lower on heavy supplies

Jeera futures traded lower on NCDEX as market participants reduced exposure on the back of heavy supplies in the physical market. Though, improving demand from the bulk buyers for new season crop, trimmed......

Jeera futures trades higher on fresh buying

Jeera futures were trading higher on NCDEX as speculators indulged in fresh buying tracking pickup in demand for good quality new crop. However, higher availability of Jeera in the physical market capped......

Top News

View all news

Quess Corp, Ashoka Buildcon and ICICI Bank to see some action today

Quess Corp's subsidiary Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 35.35% from the promoters,......

Quess Corp's arm to acquire majority stake in Allsec Technologies

Quess Corp's subsidiary -- Conneqt Business Solutions has signed definitive agreements to acquire a majority stake in Allsec Technologies. The transaction involves Conneqt purchasing 35.35% from the promoters,......

Ashoka Buildcon's JV receives LoA from Rail Vikas Nigam

Ashoka Buildcon's Joint Venture (JV) -- ABL-STS JV, wherein the Company is lead member, has received a Letter of Award (LoA) from Rail Vikas Nigam (RVNL). The accepted Bid Value of the Project is Rs 443.23......