Jeera prices rise by 0.5%

Analysts attributed the rise in jeera futures to increased buying by speculators on pick up in overseas demand

Press Trust of India New Delhi
Last Updated : Jul 10 2013 | 12:48 PM IST
Jeera prices rose by Rs 77.50 to Rs 13620 per quintal in futures trading today as speculators enlarged their positions, driven by a rise in overseas demand.
 
At the National Commodity and Derivatives Exchange, jeera for delivery in July rose by Rs 77.50, or 0.57%, to Rs 13,620 per quintal, with an open interest of 963 lots.
 
Similarly, the spice for delivery in August contract traded higher by Rs 30, or 0.22%, to Rs 13,842.50 per quintal in 17,283 lots.
 
Analysts attributed the rise in jeera futures to increased buying by speculators on pick up in overseas demand. 

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First Published: Jul 10 2013 | 12:43 PM IST

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