Jeera prices fell by 1.15 per cent to Rs 18,555 per quintal in futures trade today as speculators booked profits at prevailing levels amid subdued demand in the spot market against adequate stocks.
At the National Commodity and Derivatives Exchange, jeera for delivery in July fell by Rs 215, or 1.15 per cent, to Rs 18,555 per quintal, with an open interest of 276 lots.
Similarly, the spice for delivery in August moved down by Rs 195, or 1.02 per cent, to Rs 18,995 per quintal in 22,395 lots.
Analysts said besides profit-booking by speculators at existing levels, fall in demand in the spot market against adequate stocks position, kept pressure on jeera prices at futures trade.
