Jeera rises 0.4% on export demand
Prices rose as speculators enlarged their positions
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Jeera prices rose by 0.44% to Rs 13,260 per quintal in futures market today as speculators enlarged their positions, supported by export demand in the spot market.
At the National Commodity and Derivatives Exchange (NCDEX), the June cotract rose by Rs 57.50, or 0.44%, to Rs 13,260 per quintal in 11,619 lots.
The July contract moved up by Rs 57.50, or 0.43%, to Rs 13,460 per quintal in 6,741 lots.
Analysts attributed the rise in jeera prices in futures trade to firm export demand.
At the National Commodity and Derivatives Exchange (NCDEX), the June cotract rose by Rs 57.50, or 0.44%, to Rs 13,260 per quintal in 11,619 lots.
The July contract moved up by Rs 57.50, or 0.43%, to Rs 13,460 per quintal in 6,741 lots.
Analysts attributed the rise in jeera prices in futures trade to firm export demand.
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First Published: May 23 2013 | 3:12 PM IST