Jeera prices fell Rs 190 to Rs 15,610 per quintal in futures trade today, extending its fall for the third day, as speculators trimmed positions amid lower domestic and exports demand at the spot market.
Furthermore, higher crop prospects amid sluggish spot demand also attributed persistent fall in jeera prices.
At the National Commodity and Derivatives Exchange, jeera for delivery in June contracts fell Rs 190, or 1.20 per cent, to Rs 15,610 per quintal with an open interest of 3,387 lots.
Similarly, the spice for delivery in May contracts moved down by Rs 115, or 0.73 per cent, to Rs 15,625 per quintal in 5,538 lots.
Analysts said, trimming of positions by participants on the back of easing domestic well as exports demand at spot market against adequate stocks position kept jeera prices down in futures trade.
Disclaimer: No Business Standard Journalist was involved in creation of this content
