Comments
Jeera futures prices fell by 0.52 per cent to Rs 16,297 a quintal today on adequate stocks following rising supplies.
Besides, weak export demand also kept pressure on prices at futures trade here. At the National Commodity and Derivatives Exchange, jeera for delivery in June fell by Rs 85 or 0.52 per cent to Rs 16,297 a quintal, with an open interest for 1,362 lots.
Similarly, the spice for delivery in April fell by Rs 54 or 0.35 per cent to Rs 15,569 a quintal, with a business turnover of 16,401 lots.
Analysts said the fall was mainly due to increasing supplies of the new crop and sluggish export demand.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.