Jeera futures prices fell by 1.07% to Rs 15,645 per quintal today after speculators reduced their positions, driven by weak export demand.
However, poor output estimates because of delayed sowing and unfavourable weather, limited the losses.
At the National Commodity and Derivatives Exchange, jeera for delivery in April lost Rs 170, or 1.07%, to Rs 15,645 per quintal, with an open interest for 14,454 lots.
May jeera was down 0.98% to Rs 16,031 per quintal, with a business turnover of 15,225 lots.
Analysts said the fall in jeera futures was due to weak export demand, but added that lower output estimates restricted the losses.
