Jeera futures traded down on NCDEX due to the slack demand from local buyers and below-expected overseas demand, amid sufficient supplies in the local market. Further, weakening trend in futures market also put pressure on Jeera price in future trade.
The contract for June delivery was trading at Rs 11100.00, down by 0.67% or Rs 75.00 from its previous closing of Rs 11175.00. The open interest of the contract stood at 8328.00 lots.
The contract for July delivery was trading at Rs 11220.00,down by 0.66% or Rs 75.00 from its previous closing of Rs 11295.00. The open interest of the contract stood at 3666.00 lots on NCDEX.
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