Jeera futures traded higher on NCDEX on the back of rising demand at spot markets amid restricted arrivals from producing belts. Further, improving demand query in domestic as well as export market supported Jeera futures price. However, gains seem to be limited for the commodity as higher production estimates are expected to weigh on its price in near term.
The contract for May delivery was trading at Rs 10800.00, up by 0.75% or Rs 80.00 from its previous closing of Rs 10720.00. The open interest of the contract stood at 2892.00 lots.
The contract for June delivery was trading at Rs 10925.00, up by 0.74% or Rs 80.00 from its previous closing of Rs 10845.00. The open interest of the contract stood at 8325.00 lots on NCDEX.
No comments:
Post a Comment