Jeera futures fall 0.69% on profit-booking

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SummaryJeera prices fell by Rs 107.50 to Rs 15,530 per quintal in futures trade.

Jeera prices fell by Rs 107.50 to Rs 15,530 per quintal in futures trade today as speculators booked profits at prevailing higher levels.

However, thin supplies in the domestic market and strong export demand restricted the fall.

At the National Commodity and Derivatives Exchange, jeera for delivery in November fell by Rs 107.50, or 0.69 per cent, to Rs 15,530 per quintal, with an open interest of 14,547 lots.

Similarly, the spice for delivery in December declined by Rs 92.50, or 0.58 per cent, to Rs 15,937.50 per quintal in 11,637 lots.

Marketmen attributed the fall in jeera futures to profit-booking by speculators at prevailing higher levels.

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