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Jeera marginally up in futures trade on export demand

Jeera prices gained 0.12 per cent in futures trade on Monday.

In range-bound movements,jeera prices gained 0.12 per cent in futures trade on Monday largely supported by fresh export enquiries.

At the National Commodity and Derivatives Exchange,jeera for delivery in July gained Rs 18,or 0.12 per cent,to Rs 15,268 per quintal,with an open interest of 11,649 lots.

It had ended 1.94 per cent higher at Rs 15,250 per quintal in the previous session.

Similarly,the spice for delivery in August edged up by Rs 14,or 0.09 per cent,to Rs 15,689 per quintal,with a business turnover of 20,178 lots.

Analysts said fresh positions created by participants,buoyed by fresh export enquiries,mainly influenced jeera prices at futures trade in New Delhi.

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