Jeera down 0.7% on rising supplies

Jeera futures for April moved down by Rs 97.50, or 0.74%, to Rs 13,005 per quintal in 10,104 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the March contract lost Rs 95, or 0.73%, to Rs 12,957.50 per quintal 6,624 lots.

Prices went down as speculators reduced their positions, triggered by rising supplies of new crop in spot market against subdued demand.