Jeera futures up 0.58 pc

NEW DELHI, Feb 26:  Jeera futures prices today recovered by 0.58 per cent to Rs 12,985 per quintal, as speculators enlarged their positions at prevailing levels.
At the National Commodity and Derivatives Exchange, jeera for delivery in April rose Rs 75, or 0.58 per cent, to Rs 12,985 per quintal, with an open interest of 10,191 lots.
Likewise, the spice for delivery in March traded higher by Rs 55, or 0.43 per cent, to Rs 12,977.50 per quintal in 7,287 lots.
Analysts attributed the recovery in jeera prices in futures trade to fresh positions created by participants at prevailing levels but rising supplies in the spot markets on hopes of higher output, capped the gains. (PTI)


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