Jeera prices fell 0.91 per cent to Rs 19,400 per quintal in futures trade today as speculators trimmed their positions to book profits amid lower domestic and export demand at the spot market.
Ample stocks position following higher supplies from the producing belts, too, fuelled the downtrend.
At the National Commodity and Derivatives Exchange, jeera for delivery in August fell Rs 180, or 0.91 per cent, to Rs 19,400 per quintal, with an open interest of 6,369 lots.
Similarly, the spice for delivery in far-month September moved down by Rs 155, or 0.78 per cent, to Rs 19,590 per quintal in 1,527 lots.
Analysts said besides profit-booking by speculators at existing levels, fall in demand at the spot market against adequate stocks position weighed on jeera futures.
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