Jeera prices fell by Rs 109 to Rs 14,945 per quintal in futures trade today as speculators reduced their position, driven by a weak export demand.
At the National Commodity and Derivatives Exchange, jeera for delivery in September fell by Rs 109, or 0.72%, to Rs 14,945 per quintal, with an open interest of 354 lots.
The June contract lost Rs 59, or 0.42%, to Rs 13,871 per quintal, with an open interest of 8,082 lots.
Analysts said off-loading of positions by speculators on the back of weak export demand mainly led to the fall in jeera prices at futures trade.