Jeera futures trade lower on adequate stocks

Jeera futures traded down on NCDEX due to fresh supplies in international market along with limited buying interest among stockiest and exporters at current level. Further, speculators indulged in offloading positions against adequate stocks position that kept pressure on jeera prices in futures trade. The contract for June delivery was trading at Rs 10980.00, down by 0.09% or Rs 10.00 from its previous closing of Rs 10990.00. The open interest of the contract stood at 6492.00 lots. The contract for July delivery was trading at Rs 11095.00, down by 0.14% or Rs 15.00 from its previous closing of Rs 11110.00. The open interest of the contract stood at 4173.00 lots on NCDEX.