Jeera prices rose by 0.70 per cent to Rs 17,290 per quintal in futures trade today after participants widened their positions, backed by rising domestic and export demand.
Besides, tight stocks position on restricted supplies from producing regions mainly led to the upmove.
At the National Commodity and Derivatives Exchange, jeera for delivery in far-month August climbed by Rs 120, or 0.70 per cent, to Rs 17,290 per quintal, with an open interest of 735 lots.
Likewise for July, prices increased by Rs 100, or 0.58 per cent, to Rs 17,100 per quintal, as the open interest of contract stood at 5,673 lots.
Traders said, speculative positions built up by participants amid rising domestic as well as export demand led to the rise in jeera prices.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
