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Jeera down 0.7% on rising supplies

Prices went down as speculators reduced their positions

Press Trust of India New Delhi
Jeera futures for April moved down by Rs 97.50, or 0.74%, to Rs 13,005 per quintal in 10,104 lots.
At the National Commodity and Derivatives Exchange (NCDEX), the March contract lost Rs 95, or 0.73%, to Rs 12,957.50 per quintal 6,624 lots.

Prices went down as speculators reduced their positions, triggered by rising supplies of new crop in spot market against subdued demand. 

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First Published: Feb 28 2013 | 12:53 PM IST

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