Jeera futures decline on low demand

New Delhi, Jeera prices on Monday went down by Rs 260 to Rs 13,960.0 per in futures trade.

On the National Commodity and Derivatives Exchange, Jeera contracts for June delivery was trading at Rs 13,960.0 down by Rs 260, or 1.86 per cent per  with an open interest of 13,770.0 lots.

For July delivery, the futures prices decreased Rs 265, or1.88 per cent, to Rs 14,110.0  with an open interest of 8,640 lots.

Marketmen attributed the downward trend in Jeera prices to increasing supplies from growing regions