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30-Nov2018

Jeera futures trade tad higher on good spot demand

Jeera futures traded marginally higher on NCDEX, due to fresh buying initiated by market players in midst of prevailing lower price and strong physical demand from domestic and export markets. However, anticipation of good acreage counting on assurance of irrigation in Gujarat capped some gains.

The contract for December delivery was trading at Rs 18845.00, up by 0.21% or Rs 40.00 from its previous closing of Rs 18805.00. The open interest of the contract stood at 3321 lots.

The contract for January delivery was trading at Rs 19070.00, up by 0.13% or Rs 25.00 from its previous closing of Rs 19045.00. The open interest of the contract stood at 1806 lots on NCDEX.


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