Jeera futures fell on lack of demand

Mumbai: Jeera futures for August delivery on NCDEX hit the lower circuit to reach 4.29 per cent at Rs 11,033 per quintal. The September contract declined 1.81 per cent to Rs 11,801 per quintal due to a lacklustre demand. Opening on a strong note, chilli futures declined 1.14 per cent to Rs 4,425 per quintal. Guarseed futures on NCDEX declined by Rs 13 per quintal to Rs 1,827. Opening at Rs 1,535 per quintal, it reached a low of Rs 1,525 and reached a high of Rs 1,545. Soya oil futures closed almost unchanged at Rs 486 per 10 kg, while chana futures remained range bound. Metal futures on MCX followed the global melt down.