Jeera futures traded 0.75% higher at Rs 15,470 per quintal today after speculators built-up positions on the back of export enquiries amid weak monsoon in the growing regions.
Besides, reduced domestic supplies in the physical markets supported the upside.
At the National Commodity and Derivatives Exchange, jeera for delivery in July rose by Rs 115, or 0.75%, to Rs 15,470 per quintal, with an open interest of 543 lots.
The August contract traded higher by Rs 112.50, or 0.71%, to Rs 15,925 per quintal, with an open interest of 19,413 lots.
Marketmen said fresh export demand and deficient rains in key growing regions mainly influenced jeera prices at futures trade.
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