Jeera prices fell by 1.96 per cent to Rs 16,980 per quintal in futures trade today as speculators booked profits at prevailing levels on lower domestic and exports demand at the spot market amid ample stocks position.
At the National Commodity and Derivatives Exchange, jeera for delivery in current month fell by Rs 340 or 1.96 per cent to Rs 16,980 per quintal, with an open interest of 1,809 lots.
Similarly, the spice for delivery in December moved down by Rs 235 or 1.34 per cent to Rs 17,280 per quintal in 8,673 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.
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