Jeera futures rise on pickup in demand

Jeera futures traded up on NCDEX due to pick-up in domestic and export enquiries in the spot market. Moreover, speculators hiked positions tracking a firm spot market trend on pick up in demand amid a better trend at the producing region Unjha, Gujarat, mainly influenced jeera futures trade. The contract for June delivery was trading at Rs 10740.00, up by 0.37% or Rs 40.00 from its previous closing of Rs 10700.00. The open interest of the contract stood at 1269.00 lots. The contract for July delivery was trading at Rs 10945.00, up by 0.51% or Rs 55.00 from its previous closing of Rs 10890.00. The open interest of the contract stood at 7455.00 lots on NCDEX.