Jeera futures prices fell by Rs 104 to Rs 16,520 per quintal today as speculators continued to book profits at existing high levels, amid sluggish demand in the spot market.
However, pick-up in export demand and reports of low output in Syria and Turkey, capped the losses.
At the National Commodity and Derivatives Exchange, jeera for September delivery fell by Rs 104, or 0.63%, to Rs 16,520 per quintal, with an open interest of 17,676 lots.
Likewise, the spice for August delivery lost Rs 75, or 0.48%, to Rs 15,710 per quintal, with a business turnover of 16,407 lots.
Market analysts said continued profit-booking by speculators, sluggish demand in the spot market mainly helped jeera prices to trade lower at futures market here.