Jeera rises 0.3% as export demand picks-up

Prices rose as speculators enlarged their positions

Press Trust of India New Delhi
Last Updated : Apr 08 2013 | 2:51 PM IST
Jeera futures for April rose by Rs 40, or 0.29% to Rs 13,677.50 per quintal in 13,392 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the May contract edged up by Rs 27.50, or 0.20% to Rs 13,780 per quintal in 2,082 lots.

Prices rose as speculators enlarged their positions, driven by pick up in exports demand.

However, higher output expectations this season, limited the gains.

More From This Section

First Published: Apr 08 2013 | 2:50 PM IST

Next Story