NEW DELHI, Mar 26: Jeera prices fell Rs 220 to trade at Rs 14,600 per quintal in futures market today as speculators trimmed positions to book profits at prevailing levels amid lower domestic and exports demand.
Also, ample stock positions following higher supplies from the producing regions fuelled the downtrend.
At the National Commodity and Derivatives Exchange, jeera for delivery in April contracts fell Rs 220, or 1.48 per cent, to trade at Rs 14,600 per quintal with an open interest of 8,070 lots.
Similarly, the spice for delivery in May contracts moved down by Rs 155, or 1.02 per cent, to Rs 15,050 per quintal in 1,203 lots.
Analysts said besides profit-booking by speculators at existing levels, fall in demand at the spot market against adequate stock positions, kept pressure on jeera futures. (PTI)
**
Trending Now
E-Paper
Follow our WhatsApp channel