Jeera futures, Coriander futures, Turmeric futures- Trade News by Ripples Advisory

Jeera futures trade up on lower arrivals

Jeera futures traded up on NCDEX as traders raised their bets tracking lower arrivals of the crop in the benchmark market of Unjha. Moreover, strong domestic demand at the physical markets supported jeera futures.

The contract for July delivery was trading at Rs 17380, up by 0.49% or Rs 85.00 from its previous closing of Rs 17295. The open interest of the contract stood at 2319 lots.

The contract for August delivery was trading at Rs 17565, up by 0.77% or Rs 135.00 from its previous closing of Rs 17430. The open interest of the contract stood at 5271 lots on NCDEX.

Coriander futures trade up on rising spot demand

Coriander futures traded up on NCDEX as participants built up fresh positions amid rising spot demand. Besides, tight stocks on account of restricted arrivals from major growing regions strengthened coriander prices.

The contract for July delivery was trading at Rs 7086.00, up by 0.24% or Rs 17.00 from its previous closing of Rs 7069.00. The open interest of the contract stood at 3770 lots.

The contract for August delivery was trading at Rs 7170.00, up by 0.17% or Rs 12.00 from its previous closing of Rs 7158.00. The open interest of the contract stood at 26380 lots on NCDEX.

Turmeric futures trade up on strong demand

Turmeric futures traded up on NCDEX due to widening of positions by market players on the back of strong upcountry demand for turmeric at spot markets. Though, sufficient rainfall and good carryover stock coupled with sowing progress in key growing areas of Telangana capped uptrend.

The contract for July delivery was trading at Rs 6168.00, up by 0.39% or Rs 24.00 from its previous closing of Rs 6144.00. The open interest of the contract stood at 6100 lots.

The contract for August delivery was trading at Rs 6760.00, up by 0.87% or Rs 58.00 from its previous closing of Rs 6702.00. The open interest of the contract stood at 11010 lots on NCDEX.

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