Jeera shed 0.50% on sluggish demand

Falling supplies limited the decline

prices declined by Rs 50 to Rs 13,000 per quintal in futures trade today owing to slackened in the spot market.

At the National Commodity and Derivatives Exchange, for delivery in June declined by Rs 50, or 0.38%, to Rs 13,000 per quintal with an open interest of 420 lots.

The July contract lost Rs 35, or 0.26%, to Rs 13,185 per quintal in 14,946 lots.

Analysts attributed to the decline in futures to sluggish in the spot market, but fall in domestic limited the losses.

Meanwhile, daily arrivals at Unjha dropped to about 5,000 to 6,000 bags of 60 kg each from 7,000 to 9,000 bags in the previous week.

image
Business Standard
177 22
Business Standard

Jeera shed 0.50% on sluggish demand

Falling supplies limited the decline

Press Trust of India  |  New Delhi 

prices declined by Rs 50 to Rs 13,000 per quintal in futures trade today owing to slackened in the spot market.

At the National Commodity and Derivatives Exchange, for delivery in June declined by Rs 50, or 0.38%, to Rs 13,000 per quintal with an open interest of 420 lots.

The July contract lost Rs 35, or 0.26%, to Rs 13,185 per quintal in 14,946 lots.

Analysts attributed to the decline in futures to sluggish in the spot market, but fall in domestic limited the losses.



Meanwhile, daily arrivals at Unjha dropped to about 5,000 to 6,000 bags of 60 kg each from 7,000 to 9,000 bags in the previous week.

RECOMMENDED FOR YOU

Jeera shed 0.50% on sluggish demand

Falling supplies limited the decline

Jeera prices declined by Rs 50 to Rs 13,000 per quintal in futures trade today owing to slackened demand in the spot market.

prices declined by Rs 50 to Rs 13,000 per quintal in futures trade today owing to slackened in the spot market.

At the National Commodity and Derivatives Exchange, for delivery in June declined by Rs 50, or 0.38%, to Rs 13,000 per quintal with an open interest of 420 lots.

The July contract lost Rs 35, or 0.26%, to Rs 13,185 per quintal in 14,946 lots.

Analysts attributed to the decline in futures to sluggish in the spot market, but fall in domestic limited the losses.

Meanwhile, daily arrivals at Unjha dropped to about 5,000 to 6,000 bags of 60 kg each from 7,000 to 9,000 bags in the previous week.

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard