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Jeera futures succumb to profit-booking, down 0.98 pc

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Press Trust of India New Delhi
Last Updated : Jun 29 2016 | 5:28 PM IST
Jeera prices drifted lower by 0.98 per cent to Rs 18,135 per quintal in futures trading today as speculators booked profits at prevailing levels amid easing demand in the spot market against adequate stocks.
At the National Commodity and Derivatives Exchange, jeera for delivery in July declined by Rs 180, or 0.98 per cent to Rs 18,135 per quintal with an open interest of 11,658 lots.
Similarly, the spice for delivery in August moved down by Rs 175, or 0.94 per cent to Rs 18,435 per quintal in 14,352 lots.
Analysts said besides profit-booking by participants at existing levels, fall in demand in the spot market against adequate stocks position, kept pressure on jeera prices at the futures trade.

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First Published: Jun 29 2016 | 5:28 PM IST

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