Jeera futures prices fell by Rs 80 to Rs 18,175 per quintal today, due to increased arrivals in the physical market against subdued demand.
Adequate stocks positions, following rising arrivals from producing region mainly put pressure on the jeera futures prices.
At the National Commodity and Derivatives Exchange, jeera for delivery in May fell by Rs 80, or 0.44 per cent, to Rs 18,175 per quintal, with an open interest of 3,882 lots.
Similarly, the spice for delivery in March declined by Rs 55, or 0.32 per cent, to Rs 17,346 per quintal, with a trade volume of 11,043 lots.
Market analysts said adequate stocks position in the physical market against sluggish demand mainly led to fall in jeera futures prices.
