Jeera rises 0.24% on export demand

Speculators building up huge positions triggered the uptrend

Jeera futres for April gained Rs 32.50, or 0.24%, to Rs 13,850 per quintal in 5,556 lots.

At the National Commodity and Derivatives Exchange, the March contract gained Rs 22.50 or 0.16%, to Rs 13,850 per quintal in 12,843 lots.

Speculators building up huge positions amid overseas demand triggered the uptrend.

However, expectations of higher output restricted the gains.