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Jeera futures trade marginally down on poor export demand

Jeera futures traded marginally down on NCDEX as traders trimmed their holdings tracking poor export demand at the physical markets. Though, lower arrivals from growing reasons as farmers are hoarding their produce on expectations of better prices, trimmed some losses.

The contract for July delivery was trading at Rs 17340, down by 0.09% or Rs 15.00 from its previous closing of Rs 17355. The open interest of the contract stood at 1179 lots.

The contract for August delivery was trading at Rs 17490, down by 0.06% or Rs 10.00 from its previous closing of Rs 17500. The open interest of the contract stood at 5766 lots on NCDEX.

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