NEW DELHI, May 22: Jeera prices shot up by over 1 per cent to Rs 11,130 per quintal in futures trading today as speculators created fresh positions.
At the National Commodity and Derivatives Exchange, jeera for delivery in June spurted by Rs 115, or 1.04 per cent, to Rs 11,130 per quintal with an open interest of 8,511 lots.
Similarly, the spice for delivery in July shot up by Rs 115, or 1.03 per cent to Rs 11,255 per quintal in 3,627 lots.
Analysts attributed rise in jeera futures to pick up in domestic and export demand in the spot market, triggering speculators to enlarge positions. (PTI)
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