Jeera prices fell by Rs 37 to Rs 14,670 per quintal in futures trade today as speculators reduced their positions, driven by weak exports demand.
Increased arrivals of new crop into the spot markets also put pressure on the jeera prices.
At the National Commodity and Derivatives Exchange, jeera for delivery in May moved down by Rs 37, or 0.25% to Rs 14,670 per quintal, with an open interest of 15,321 lots.
Similarly, the spice for delivery in June declined by Rs 32, or 0.21% to Rs 15,315 per quintal, with an open interest of 19,950 lots.
Analysts said higher arrivals from the new season crop and weak exports demand mainly led to the fall in jeera futures prices.
