Jeera futures traded lower on NCDEX on fall in demand from stockists and traders. Though, some losses were capped as the stocks of cumin seed are tight and lowest compared with recent years at the domestic spot market.
The contract for September delivery was trading at Rs 17685.00, down by 0.53% or Rs 95.00 from its previous closing of Rs 17780.00.The open interest of the contract stood at 906 lots.
The contract for October delivery was trading at Rs 17635.00, down by 0.68% or Rs 120.00 from its previous closing of Rs 17755.00. The open interest of the contract stood at 15618 lots on NCDEX.