Jeera futures prices moved up by Rs 134 to Rs 15,905 per quintal today as speculators created fresh positions on the back of a rise in spot demand.
However, increased supplies in the physical market capped the gain.
At the National Commodity and Derivatives Exchange, jeera for August delivery moved up by Rs 134, or 0.85%, to Rs 15,905 per quintal, with an open interest of 15,237 lots.
Similarly, the spice for September delivery gained Rs 127, or 0.78%, to Rs 16,330 per quintal, with a business turnover of 17,724 lots.
Analysts said fresh buying by speculators on the back of pick up in demand at the spot market mainly led to the rise in jeera futures prices.
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