Jeera futures rise 0.87% on spot demand

Image
Press Trust of India New Delhi
Last Updated : Sep 10 2015 | 12:22 PM IST
Jeera prices were up 0.87 per cent to Rs 16,280 per quintal in futures trade today after traders enlarged positions, taking positive cues from spot market.
In futures trading at the National Commodity and Derivatives Exchange, jeera for delivery in October rose Rs 140, or 0.87 per cent to Rs 16,280 per quintal with an open interest of 13,530 lots.
Similarly, the spice for delivery in October contracts traded higher by Rs 110, or 0.70 per cent to Rs 15,795 per quintal in 6,609 lots.
Analysts attributed the rise in jeera futures prices to pick up in demand in the spot market against restricted supplies from producing belts.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 10 2015 | 12:22 PM IST

Next Story