At the National Commodity and Derivatives Exchange (NCDEX), the March contract plummeted by Rs 33, or 0.91%, to Rs 3,572 per quintal in 1,26,020 lots.
The February contract looked down by Rs 28, or 0.82%, to Rs 3,463 per quintal in 3,490 lots.
Selling pressure in line with weak physical markets affected the trade.
Profits bookings by speculators driven by weak spot market amid increased arrivals also triggered the downtrend.