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Jeera down 0.8% on increased supply

Prices fell on reduced offtake by speculators

Press Trust of India New Delhi
Last Updated : Apr 26 2013 | 2:54 PM IST
Jeera futures for June fell Rs 102.50, or 0.78% to Rs 13,050 per quintal in 8,499 lots.     

At the National Commodity and Derivatives Exchange (NCDEX), the May contract lost Rs 95, or 0.73% to Rs 12,870 per quintal in 10,781 lots.

Prices fell on reduced offtake by speculators driven by weak spot market trend.

Increased supplies from the new season crop into the spot markets amid expectations of higher output.

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First Published: Apr 26 2013 | 2:52 PM IST

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