Don’t miss the latest developments in business and finance.

Jeera down 0.6% on increased supply

Jeera for delivery in July declined by 0.60%

Press Trust of India New Delhi
Last Updated : Jun 26 2013 | 3:49 PM IST
Jeera prices fell by 0.68% to Rs 14,162.50 per quintal in futures trade today on increased supplies from producing regions against sluggish demand in the spot market.

At the National Commodity and Derivatives Exchange, jeera for delivery in August fell by Rs 97.50, or 0.68% to Rs 14162.50 per quintal in open interest of 1019 lots.

Similarly, jeera for delivery in July declined by Rs 82.50, or 0.60% to Rs 13570 per quintal in 13602 lots.

Market analysts attributed the fall of Jeera futures to increased supplies from producing regions against sluggish demand in the spot market.

More From This Section

First Published: Jun 26 2013 | 3:48 PM IST

Next Story