Mumbai, May 22 (Commodities Control): Cumin prices remained stable across key markets, with a total arrival of 30,500 bags.
Despite the stability in spot prices, the futures market showed a downward trend, reflecting potential market adjustments.
Jeeraunjha contract for JUN delivery settled at Rs 29300/quintal showing an fall of Rs -210 over previous close of Rs 29510/quintal,The contract moved in the range of Rs 28655-30465 for the day. Open interest decreased by -423 MT to 3045 MT, while trading volume decreased by -84 to 2706 MT.
Jeeraunjha contract for JUL delivery settled at Rs 28315/quintal showing an fall of Rs -555 over previous close of Rs 28870/quintal,The contract moved in the range of Rs 27720-29655 for the day. Open interest increased by 153 MT to 465 MT, while trading volume increased by 216 to 720 MT.
Jeeraunjha contract for AUG delivery settled at Rs 27900/quintal showing an fall of Rs -970 over previous close of Rs 28870/quintal,The contract moved in the range of Rs 27900-27900 for the day. Open interest increased by 3 MT to 3 MT, while trading volume increased by 3 to 3 MT.
Currently The spread between JUN and JUL contract is 985 Rs/quintal.
Currently The spread between JUL and AUG contract is 415 Rs/quintal.
Currently The spread between JUN and AUG contract is 1400 Rs/quintal.
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