Jeera prices fell by Rs 180 to Rs 18,660 per quintal in futures trade Tuesday amid offloading of bets by speculators to book profits.
At the National Commodity and Derivatives Exchange, jeera for January was trading lower by Rs 180, or 0.96 per cent, to Rs 18,660 per quintal with an open interest of 3,498 lots.
Likewise, the spice for delivery in the current month fell by Rs 125, or 0.7 per cent, to Rs 17,700 per quintal in 810 lots.
Analysts said besides profit-booking by speculators, muted demand at the physical market against adequate stocks position exerted pressure on the prices.
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