Jeera Futures Closed Higher On Thursday

Jeera futures closed higher on Thursday due to technical buying by the market participants at lower levels. There is expectation of increase in demand as supplies are dwindling. NCDEX Oct’16 Jeera closed 0.26% higher to close at Rs 17,685 per quintal. In the next few months, the prices will depend on export demand, which is expected to pick up as prices have corrected enough in last 2 weeks.

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