Jeera futures prices fell by Rs 256 to Rs 14,131 per quintal today on speculators off-loading their positions following increased supplies in the physical market against subdued demand.
Expectations of higher output this year also put pressure on jeera prices.
At the National Commodity and Derivatives Exchange, the April contract for jeera fell by Rs 256, or 1.78%, to Rs 14,131 per quintal in open interest of 10,518 lots.
The March contract lost Rs 230, or 1.63%, to Rs 13,888 per quintal in 12,981 lots.
Analysts said increased supplies in the physical market against subdued demand mainly pulled down jeera futures prices.
They said hopes of higher output also dampened the trading sentiment.
