Jeera futures traded up on NCDEX as speculators built-up positions, driven by a rise in demand in the spot market against restricted supplies from producing region. Further, traders are hoping that exports of the commodity will rise in the coming months amidst reports of lower production in Turkey and Syria.
The contract for May delivery was trading at Rs 10200.00, up by 0.34% or Rs 35.00 from its previous closing of Rs 10165.00. The open interest of the contract stood at 9369.00 lots.
The contract for June delivery was trading at Rs 10325.00, up by 0.29% or Rs 30.00 from its previous closing of Rs 10295.00. The open interest of the contract stood at 3666.00 lots on NCDEX.
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