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Jeera rises 0.3% as export demand picks-up

Prices rose as speculators enlarged their positions

Press Trust of India New Delhi
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.
 

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

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