MUMBAI: India's cumin futures were lower in the opening trade on Wednesday on profit-booking after rising continuously for the last 4 sessions, analysts said.
Weakness in other spices also weighed on prices, analysts added.
At 10:40 a.m., the April contract was lower by 0.62 percent at 12,080 rupees per 100 kg. The contract has risen more than 2 per cent in the last 4 sessions till Tuesday.
Cumin exports in January 2010 dropped by 47 percent to 2,000 tonnes on year, the Spices Board said.
Arrivals are expected to gain pace in the next few days and would peak in March-April, pressuring prices, analysts said.
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