Comments
Amid subdued export demand, jeera prices fell by 1.30 per cent in futures trade today.
However, estimates of lower production and weak supplies from fresh crop, capped losses.
At the National Commodity and Derivatives Exchange, jeera for delivery in May fell by Rs 226 or 1.30 per cent to Rs 17,125 a quintal, with an open interest of 135 lots.
Similarly, the spice for delivery in February declined by Rs 8 or 0.05 per cent to Rs 16,050 a quintal, clocked a business turnover of 4,260 lots.
Market analysts said weak export demand mainly put pressure on futures prices but tight supplies following estimates of lower production, restricted losses.
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.