Falling supplies limited the decline
At the National Commodity and Derivatives Exchange, jeera for delivery in June declined by Rs 50, or 0.38%, to Rs 13,000 per quintal with an open interest of 420 lots.
The July contract lost Rs 35, or 0.26%, to Rs 13,185 per quintal in 14,946 lots.
Analysts attributed to the decline in jeera futures to sluggish demand in the spot market, but fall in domestic supplies limited the losses.
Meanwhile, daily arrivals at Unjha dropped to about 5,000 to 6,000 bags of 60 kg each from 7,000 to 9,000 bags in the previous week.
Cardamom prices rose by Rs 15.20 to Rs 1,250 per kg in futures trade today as speculators enlarged their positions, supported by pick up in spot ...