Business Standard

Jeera shed 0.50% on sluggish demand

Falling supplies limited the decline

Related News

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, jeera 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 jeera futures to sluggish demand 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.

Read more on:   
|
|
|
|

Read More

Cardamom rises 1.23% on spot demand

Cardamom prices rose by Rs 15.20 to Rs 1,250 per kg in futures trade today as speculators enlarged their positions, supported by pick up in spot ...

Quick Links

 

Market News

Broader markets gain even as Nifty struggles below 8,450

Infosys, Reliance Industries and private banks among the top losers of the hour

Zinc down 0.29% on global cues

Traders trim positions on overall weakness in base metals

Lead softens 0.20% on global cues, weak demand

Traders trim positions on lower offtake from battery-makers; overall weakness in base metals abroad fuels downtrend

Crude oil sheds 0.67% on weak Asian cues

Speculation that OPEC will maintain output at this week's meeting despite a global supply glut drives prices down

Nickel down 0.27% on overseas cues, low demand

Speculators pare exposures on lower offtake from alloy makers

Back to Top