Jeera futures down 0.69 pc on profit-booking

Amid profit-booking by speculators, jeera prices fell by 0.69 per cent to Rs 12,970 per quintal in futures market today.

NEW DELHI: Amid profit-booking by speculators, jeera prices fell by 0.69 per cent to Rs 12,970 per quintal in futures market today.

However, some export demand limited the fall. At the National Commodity and Derivatives Exchange, jeera for delivery in June fell Rs 90, or 0.69 per cent to Rs 12,970 per quintal with an open interest of 14,496 lots.

In a similar fashion, the spice for delivery in May lost Rs 72.50, or 0.56 per cent, to Rs 12,812.50 per quintal in 2,184 lots.

Market analysts attributed the fall in jeera futures to profit-booking but some export demand, restricted the fall.
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