Jeera futures down 0.41 pc on profit-booking

Jeera prices fell by 0.41 per cent to Rs 17,150 per quintal in futures trade today as speculators booked profits at prevailing levels on lower domestic and exports demand at the spot market amid ample stocks position.
At the National Commodity and Derivatives Exchange, jeera for delivery in April fell by Rs 70, or 0.41 per cent, to Rs 17,150 per quintal, with an open interest of 9,069 lots.
Similarly, the spice for delivery in May moved down by Rs 55, or 0.32 per cent, to Rs 17,370 per quintal in 2,394 lots.
Analysts said, besides profit-booking by speculators at existing levels, fall in demand in the spot market against adequate stocks position, kept pressure on jeera prices at futures trade.