Thursday 15 May 2014

Jeera future decline on slack demand

Jeera future traded down on NCDEX due to the slack demand from local buyers and below-expected overseas demand amid sufficient supplies in the local market. Moreover, profit booking at the higher levels too brought some dips in jeera price.
The contract for May delivery was trading at Rs 11065.00, down by 0.27% or Rs 30.00 from its previous closing of Rs 11095.00. The open interest of the contract stood at 1275.00 lots.
The contract for June delivery was trading at Rs 11175.00, down by 0.18% or Rs 20.00 from its previous closing of Rs 11195.00. The open interest of the contract stood at 9393.00 lots on NCDEX.

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