NEW DELHI, June 4: Jeera prices fell 0.55 per cent to Rs 16,065 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 July fell Rs 90, or 0.55 per cent, to Rs 16,065 per quintal, with an open interest of 2,715 lots.
Similarly, the spice for delivery in the current month moved down by Rs 75, or 0.46 per cent, to Rs 16,085 per quintal in 4,155 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. (PTI)
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