Jeera prices rose by Rs 122 to Rs 14,600 per quintal in futures trade today following a rise in demand in the spot market.
At the National Commodity and Derivatives Exchange, jeera for delivery in September month rose by Rs 122, or 0.84%, to Rs 14,600 per quintal, with an open interest of 1,944 lots.
Similarly, the spice for delivery in July gained Rs 90, or 0.65%, to Rs 13,900 per quintal in 17,634 lots.
Analysts said fresh buying by speculators on pick-up in spot market demand helped jeera prices to rise at futures trade. However, weak exports limited the gains.
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