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Our Bureau

Mumbai, Jan. 21 Jeera futures on NCDEX hit the lower circuit in a volatile trading on Monday. Most of the commodities closed in the red.

Jeera dipped 5.65 per cent at Rs 10,715 per quintal as the fresh crop is all set to hit the market.

Chilli futures gave in 3.87 per cent at Rs 3,600 per quintal on higher production estimate of 13 lakh tonnes (10.5 lakh tonnes) and expectations of new arrivals. Possibility of a fall in demand from poultry farmers pulled down soyabean and maize futures by 2.07 per cent and 3.31 per cent at Rs 2,011 per quintal and Rs 773 per quintal. MCX recorded a turnover of Rs 5,109 crore up to 5 pm, while it was Rs 2,760 crore in NCDEX.

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