Jeera prices hardened 0.60 per cent to Rs 15,100 per quintal in futures market today as speculators created fresh positions, taking positive cues from spot market on uptick in demand.
Besides, tight stock positions on restricted arrivals from the growing regions fuelled the uptrend.
At the National Commodity and Derivatives Exchange, jeera for delivery in far-month May rose by Rs 90, or 0.60 per cent to Rs 15,100 per quintal with an open interest of 1,986 lots.
On similar lines, the spice for delivery in April gained Rs 65, or 0.45 per cent to Rs 14,585 per quintal in 7,164 lots.
Traders said fresh positions built up by participants after pick up in demand in the physical market against restricted supplies from producing belts, mainly attributed the rise in jeera prices at futures trade.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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