Monday, 30 June 2014

Jeera futures rise on pick up in demand

Jeera futures traded up on NCDEX as speculators created fresh positions amid pick-up in export demand. Moreover, buying support from retailers and stockiest against fall in supplies from producing belts, also supported the uptrend.

The contract for July delivery was trading at Rs 11375.00, up by 0.80% or Rs 90.00 from its previous closing of Rs 11285.00. The open interest of the contract stood at 6633.00 lots.

The contract for August delivery was trading at Rs 11595.00, up by 0.83% or Rs 95.00 from its previous closing of Rs 11500.00. The open interest of the contract stood at 3873.00 lots on NCDEX.

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