Jeera futures down Rs 200 on profit-booking

New Delhi, Oct 13 (PTI) Jeera prices fell Rs 200 to closeat Rs 19,140 per quintal in futures trade today as speculatorsengaged in trimming position...

New Delhi, Oct 13 (PTI) Jeera prices fell Rs 200 to closeat Rs 19,140 per quintal in futures trade today as speculatorsengaged in trimming positions to book profits at prevailinglevels amid lower domestic and exports demand.

Furthermore, ample stocks position following highersupplies from the producing belts too fuelled the downtrend.

At the National Commodity and Derivatives Exchange, jeerafor delivery in the current month fell Rs 200, or 1.02 percent, to close at Rs 19,140 per quintal with an open interestof 1,596 lots.

Similarly, the spice for delivery in November moved downby Rs 195, or 1.05 per cent, to end at Rs 18,880 per quintalin 10,344 lots.

Analysts said besides profit-booking by speculators atexisting levels, fall in demand at the spot market againstadequate stocks position, kept pressure on jeera prices atfutures trade. PTI DP SUN DPLBAL.

This is unedited, unformatted feed from the Press Trust of India wire.

Related Stories

No stories found.

X
The New Indian Express
www.newindianexpress.com