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Jeera falls 1.36% on profit-booking

Restricted supplies, export enquiries cap losses

Press Trust of India  |  New Delhi 

prices fell by Rs 220 to Rs 15,990 per quintal in futures market today as speculators booked profits at prevailing higher levels.

Restricted domestic supplies in the physical and some export enquiries capped the losses.

At the National Commodity and Derivatives Exchange, for delivery in September fell by Rs 220, or 1.36%, to Rs 15,990 per quintal, with an open interest of 21,240 lots.

October moved down by Rs 202.50, or 1.22%, to Rs 16,400 per quintal in 13,887 lots.

Marketmen said apart from by speculators at prevailing higher levels, sluggish demand in the spot market kept pressure on prices at futures trade.

First Published: Tue, August 21 2012. 14:56 IST