Jeera falls 1% on profit-booking

Jeera futures for March fell by Rs 140, or 1.04% to Rs 13,290 per quintal in 9,912 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the April contract lost Rs 135, or 1% to Rs 13,337.50 per quintal in 8,175 lots.

Prices dropped as speculators booked profits at existing levels.

Increased supply from the producing regions and decline in the export demand pulled down the prices.

Expectations of higher output and supplies of the new crop influenced the jeera futures prices.