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Jeera prices gained 0.73% to Rs 12,727.50 per quintal in futures trading today as speculators enlarged their positions, driven by rising demand in the spot market amid lower arrivals from producing regions.
At the National Commodity and Derivatives Exchange, jeera for delivery in November month gained Rs 92.50, or 0.73%, to Rs 12,727.50 per quintal with an open interest of 10,173 lots.
Similarly, jeera for delivery in December traded up by Rs 82.50, or 0.64%, to Rs 12,930 per quintal in 3,042 lots.
Market analysts said speculators enlarged their positions, driven by a rising demand in the spot market mainly led to rise in jeera prices at futures trade.
