NEW DELHI, Apr 17: Supported by pick-up in spot demand, jeera futures prices traded higher by 92.50 to Rs 11,665 per quintal in futures trade today on increased buying by speculators.
However, expectations of higher output this year capped the gains.
At the National Commodity and Derivatives Exchange, jeera for delivery in April month rose by Rs 92.50, or 0.80 per cent, to Rs 11,665 per quintal with an open interest of 3,507 lots.
Likewise, the spice for delivery in May contract traded higher by Rs 85, or 0.71 per cent, to Rs 12,055 per quintal in 16,971 lots.
Analysts said a firming trend at the spot markets on the back of a rise in demand mainly influenced jeera prices at futures trading here.
They said expectations of better crop this season limited the gains. (PTI)
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