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Jeera futures fall Rs 140 on muted demand

Press Trust of India  |  New Delhi 

Jeera prices slide Rs 140 to Rs 18,865 per in futures trade Wednesday amid profit-booking by speculators and muted spot demand.

At the National Commodity and Derivatives Exchange, jeera delivery for January, next year, fell by Rs 140, or 0.74 per cent, to Rs 18,865 per with an open interest of 2,574 lots.

The spice to be delivered in far-month March also fell by Rs 280, or 1.55 per cent, to trade at Rs 17,790 per in 723 lots.

Analysts said apart form profit-booking by speculators at current levels, fall in demand at the spot market exerted pressure on jeera prices at futures trade here.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 05 2018. 15:35 IST