Jeera futures down 0.61 pc on profit-booking

Jeera prices fell 0.61 per cent at Rs 19,595 per quintal in futures trade today as speculators booked profits at prevailing levels amid lower domestic and exports demand.
Ample stocks position following higher supplies from producing belts too fuelled the downtrend.
At the National Commodity and Derivatives Exchange, jeera for delivery in current month fell Rs 120, or 0.61 per cent, at Rs 19,595 per quintal, with an open interest of 5,826 lots.
The spice for delivery in October contract moved down by Rs 85, or 0.43 per cent, at Rs 19,585 per quintal in 10,467 lots.
Analysts said besides profit-booking by speculators at existing levels, fall in demand at spot market against adequate stocks position, kept pressure on jeera prices at futures trade.