Monday 5 May 2014

Jeera future extend gains on export demand

Jeera future traded up on NCDEX due to fall in supplies from producing belts, against buying support from stockists due to rising export demand. However, expectations of higher output restricted the gains.
The contract for May delivery was trading at Rs 10545.00, up by 0.86% or Rs 90.00 from its previous closing of Rs 10455.00. The open interest of the contract stood at 6657.00 lots.
The contract for June delivery was trading at Rs 10675.00, up by 0.85% or Rs 90.00 from its previous closing of Rs 10585.00. The open interest of the contract stood at 4755.00 lots on NCDEX.

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