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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 powdered form during Apr-Jul 2018, higher by 76% on year.

The contract for October delivery was trading at Rs 19805.00, up by.0.18% or Rs 35.00 from its previous closing of Rs 19770.00. The open interest of the contract stood at 8016 lots.

The contract for November delivery was trading at Rs 20040.00, up by 0.07% or Rs 15.00 from its previous closing of Rs 20025.00. The open interest of the contract stood at 699 lots on NCDEX.

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