 "Jeera futures gain 1.55% on spot demand")
Jeera prices gained 1.55% to Rs 12,600 per quintal in futures trade today as speculators enlarged positions supported by rising demand in the spot markets due to ongoing marriage season.
At the National Commodity and Derivatives Exchange, jeera for delivery in November gained Rs 192.50, or 1.55%, to Rs 12,600 per quintal with an open interest of 237 lots.
Similarly, the spice for delivery in December traded up by Rs 20, or 0.16%, to Rs 12,830 per quintal in 8,091 lots.
Analysts said speculators enlarged their positions, supported by good spot market demand due to ongoing marriage season, mainly helped jeera prices to trade higher at futures trade.
At the National Commodity and Derivatives Exchange, jeera for delivery in November gained Rs 192.50, or 1.55%, to Rs 12,600 per quintal with an open interest of 237 lots.
Similarly, the spice for delivery in December traded up by Rs 20, or 0.16%, to Rs 12,830 per quintal in 8,091 lots.
Analysts said speculators enlarged their positions, supported by good spot market demand due to ongoing marriage season, mainly helped jeera prices to trade higher at futures trade.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%