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Jeera futures fall on weak export demand

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 2:17 AM IST

Jeera prices fell by Rs 342 to Rs 14,590 per quintal in futures trade today on reduced offtake by speculators influenced by a weak export demand.

At the National Commodity and Derivatives Exchange, July contract for jeera fell by Rs 342, or 2.40%, to Rs 14,590, with an open interest of 13,491 lots. 

Similarly, the spice for delivery in August declined by Rs 350, or 2.39%, to Rs 14,995 in 18,621 lots.

Market analysts said weak exports demand mainly pulled down jeera futures prices.

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First Published: Jun 30 2011 | 1:14 PM IST

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