Jeera futures rise on pick up demand

Jeera futures traded up on NCDEX as speculators created fresh positions amid pick-up in export demand. Moreover, traders are expecting that exports of the commodity should rise in coming months amidst reports of lower production in Turkey and Syria that also impacted the sentiments. The contract for May delivery was trading at Rs 11305.00,up by 0.44% or Rs 50.00 from its previous closing of Rs 11255.00. The open interest of the contract stood at 333.00 lots. The contract for June delivery was trading at Rs 11320.00, up by 0.48% or Rs 55.00 from its previous closing of Rs 11375.00. The open interest of the contract stood at 9108.00 lots on NCDEX.