Jeera futures prices fell 1.20% to Rs 15,430 per quintal today after participants reduced positions amid subdued overseas demand at prevailing higher levels.
However, fall in supplies in the domestic spot markets restricted the losses.
At the National Commodity and Derivatives Exchange, jeera for delivery in August fell by Rs 187.50, or 1.20%, to Rs 15,430 per quintal, with an open interest of 558 lots.
September jeera moved down by Rs 105, or 0.66%, to Rs 15,740 per quintal, with an open interest of 23,076 lots.
Marketmen said the fall in jeera futures prices was due to offloading of positions by speculators following weak export demand at current levels, but thin supplies in the spot market restricted the losses.
