Jeera futures traded moderately lower on NCDEX due to fresh selling by market participants in conjunction with weak domestic and overseas demand. While, bumper production of cumin also weighed on the prices in future market.
The contract for May delivery was trading at Rs 15720.00, down by 0.69 % or Rs 110.00 from its previous closing of Rs 15830.00. The open interest of the contract stood at 5031 lots.
The contract for June delivery was trading at Rs 15680.00, down by 0.73 % or Rs 115.00 from its previous closing of Rs 15795.00. The open interest of the contract stood at 3963 lots on NCDEX.