Jeera prices fell by 0.82% to Rs 15,735 per quintal in futures trade today as speculators reduced their position, driven by adequate stocks following supply pressure.
At the National Commodity and Derivatives Exchange, jeera for delivery in July declined by Rs 130, or 0.82% to Rs 15,735 per quintal, with an open interest of 18,699 lots.
Similarly, the spice for delivery in June fell by Rs 120, or 0.78%, to Rs 15,260 per quintal, with a business volume of 17,031 lots.
Analysts said off-loading of positions by speculators triggered by increased arrivals and subdued overseas demand led to the fall in jeera futures prices.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app