Jeera prices increased by Rs 165,
or 0.87 per cent, to Rs 19,150 per quintal in futures trade today on higher bets, tracking a firm trend at the spot market in the wake of rising domestic demand.
At the National Commodity and Derivatives Exchange, jeera for delivery in November rose Rs 165, or 0.87 per cent, to Rs 19,150 per quintal with an open interest of 4,005 lots.
On similar lines, the contract for delivery this month was trading higher by Rs 150, or 0.80 per cent at Rs 18,990 per quintal with an open interest at 5,724 lots.
Analysts said the rise in jeera prices in futures trade was supported by increased buying by retailers and stockists at the spot market amid restricted supplies from producing regions.
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