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Jeera up 1.3% on pick up in demand

Spice for delivery in May gained 1.29%

Press Trust of India  |  New Delhi 

Jeera prices rose by 1.32% to Rs 10,725 per quintal in futures trade today, taking positive cues from the spot

At the National Commodity and Derivatives Exchange, jeera for delivery in June rose by Rs 140, or 1.32%, to Rs 10,725 per quintal with an open interest of 4,938 lots.

Similarly, the spice for delivery in May gained Rs 135, or 1.29%, to Rs 10,590 per quintal in 6618 lots.

Analysts attributed the rise in jeera futures to fresh positions created by speculators, triggered by rising demand in the spot

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First Published: Mon, May 05 2014. 13:24 IST