Jeera declines 0.2% on higher output concerns

Jeera futures for April drifted by Rs 30, or 0.22%, to Rs 13,420 per quintal in 5,364 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the March contract lost Rs 27.50, or 0.21%, to Rs 13,350 per quintal in 11,928 lots.

Traders reducing their positions on expectations of higher output affected the trade.

Besides, subdued demand in spot markets and producing regions also weighed on the prices.

Meanwhile, jeera prices fell by Rs 102.50 to Rs 13,992.30 per 100 kg in yesterday's trade at Unjha, a key market in Gujarat.