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Jeera declines 1.22% on profit-booking

Higher cultivation effected the downtrend

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Press Trust of India New Delhi
Last Updated : Jan 29 2013 | 2:34 PM IST

Jeera futures for March declined by Rs 177.50, or 1.22% to Rs 14,340 per quintal in 13,344 lots.

At the National Commodity and Derivatives Exchange, the April contract traded lower by Rs 175, or 1.20% to Rs 14,400 per quintal in 4,065 lots.

Speculators reducing their exposures affected jeera futures.

Higher cultivation, conducive weather at growing regions weighed on the jeera futures trade.

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First Published: Jan 09 2013 | 12:52 PM IST

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