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

Advertisements

Quick Links

Market News

Transfer of shares in insurers that leads to shareholding change not allowed: IRDAI

The regulator said that they would conduct their own due diligence for approval of such a transfer

Exide: Downgrades on weak sales, higher capex

Margin gains could recede as lead prices rise and higher competition in inverters raises marketing costs

Cement stocks crack, fall 16-21% in last two months

Poor demand, weakening prices and falling profits take toll on cement shares

Auto: Room for optimism, buy on corrections

The new financial year has started with encouraging domestic sales figures released by several of the automobile majors. For example, Maruti saw ...

Sensex falls after choppy trade

The BSE Sensex ended with losses in a choppy session on Tuesday, led by declines in domestic-oriented stocks on worries that the remaining ...

 

Back to Top