Jeera Futures Closed Higher

Jeera futures closed higher on Friday as market participants creating buying bet at lower levels. Spot prices also improved on local buying by stockists. However, absence of any major export demands weighing on jeera prices. The Jun Jeera contract traded on NCDEX closed 0.56% higher to close at Rs 16,210 per quintal. Jeera prices may be under pressure in coming months as pace of export demand will be lower.

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