Jeera prices fell by Rs 298 to Rs 14,615 per quintal in futures trade today on increased arrivals in the physical market against sluggish export demand.
At the National Commodity and Derivatives Exchange, jeera for delivery in June fell by Rs 298, or 2% to Rs 14,615 per quintal, with an open interest of 15,492 lots.
Similarly, the spice for delivery in July declined by Rs 288, or 1.88% to Rs 15,050 per quintal, with a business volume of 19,017 lots.
Analysts said increased supplies against sluggish export demand mainly pulled down jeera futures prices.