Jeera prices have slightly increased by 0.09% to ₹21,260, despite lower export demand and domestic buyer interest. The market is under pressure due to ample supplies and tepid export inquiries. Total arrivals in key mandis increased to 32,900 bags, adding supply-side pressure.
The new cumin crop sowing in major producing states has been delayed by about a month due to unfavorable weather conditions, potentially impacting future supplies. Farmers hold around 20 lakh bags of cumin, but only 3-4 lakh bags are expected to be traded by the season’s end.
Production is expected to be similar to last year, supported by better crop conditions and good sowing. Exports between April and February 2025 surged by 62.55% to 195,164.58 tonnes.
