Jeera prices fell further by 0.72 per cent to Rs 17,990 per quintal in futures market today as participants reduced their positions, tracking a weak trend at spot market on sluggish demand amid sufficient stocks.
At the National Commodity and Derivatives Exchange, jeera for delivery in July month declined by Rs 130, or 0.72 per cent to Rs 17,990 per quintal with an open interest of 9,876 lots.
Similarly, the spice for delivery in August contracts traded lower by Rs 125, or 0.68 per cent to Rs 18,300 per quintal in 16,383 lots.
Analysts said offloading of positions by traders on the back of weak demand in the spot market against adequate stocks position kept jeera prices lower at futures trade.
