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:   
|
|
|
|

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, 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.

image

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 ...

Recommended for you

Quick Links

Market News

Nickel rises by 0.1% on Asian cues

Traders strengthened positions amid a firming Asian cues

Oil prices rise further in Asia

Expectations of a decline in US crude inventories and robust economic data from the eurozone helped prices

Markets remain rangebound; HUL up over 2%, Hindalco dips 1%

Investors are optimistic about a possible solution between Greece and its international creditors to avert a debt crisis

Pharma shares in focus; Aurobindo Pharma hits new high

JB Chemicals, Alembic Pharma, Aurobindo Pharma, Ipca Laboratories and Dishman Pharma were up 3%-11% each.

Infinite Computer gains on board approval for share buyback proposal

The stock spurted 5% at Rs 171 after the board approved the buyback of shares at a maximum price of Rs 220 per share from the open market ...

 

Back to Top