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Cumin Spot Prices Decline, Futures Rise

24 May 2024 4:34 pm
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New Delhi, May 24 (Commoditiescontrol): Cumin spot prices witnessed a decline on Friday amid mixed market activity. Despite this, futures contracts for Jeeraunjha showed an upward trend.

The Jeeraunjha contract for June delivery settled at Rs 29,600 per quintal, marking an increase of Rs 270 over the previous close of Rs 29,330 per quintal.

Similarly, the Jeeraunjha contract for July delivery settled at Rs 28,740 per quintal, up by Rs 240 from the previous close of Rs 28,500 per quintal.



Jeeraunjha contract for JUN delivery settled at Rs 29600/quintal showing an rise of Rs 270 over previous close of Rs 29330/quintal,The contract moved in the range of Rs 28600-29880 for the day. Open interest increased by 18 MT to 3168 MT, while trading volume increased by 978 to 1881 MT.


Jeeraunjha contract for JUL delivery settled at Rs 28740/quintal showing an rise of Rs 240 over previous close of Rs 28500/quintal,The contract moved in the range of Rs 27875-28770 for the day. Open interest increased by 195 MT to 720 MT, while trading volume increased by 429 to 660 MT.

Jeeraunjha contract for AUG delivery settled at Rs 28500/quintal showing an rise of Rs 600 over previous close of Rs 27900/quintal,The contract moved in the range of Rs 28500-28500 for the day. Open interest was simillar by 0 MT to 3 MT, while trading volume was simillar by 0 to 0 MT.

Currently The spread between JUN and JUL contract is 860 Rs/quintal.

Currently The spread between JUL and AUG contract is 240 Rs/quintal.

Currently The spread between JUN and AUG contract is 1100 Rs/quintal.


JeeraUnjha stock in NCDEX accredited warehouse as on 24-May-2024, was NA MT





       
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