Jeera up 1.3% on export demand

Jeera futures for March rose Rs 172.50, or 1.34%, to Rs 13,040 per quintal in 1,040 lots.     

At the National Commodity and Derivatives Exchange (NCDEX), the April contract traded higher by Rs 82.50, or 0.63%, to Rs 13,125 per quintal in 12,357 lots.     

Prices went up as speculators enlarged their positions driven by improvement in export demand.

New season crop and hopes of higher output capped the gains.