Jeera prices have dropped by 2% at 22,545, driven by comfortable supplies and subdued export interest. Total arrivals in Gujarat increased to 27,300 bags, causing downward pressure on prices. However, supply trends remain critical, with tight near-term supplies from Rajasthan and delayed sowing in key regions.
Production levels are expected to be similar to last year, but demand remains low. Farmers hold around 20 lakh bags of jeera, but only 3-4 lakh bags are expected to be traded by the season’s end. Exports have seen strong growth, rising by 66.98% between April and January 2025 compared to 2024.
In January 2025, exports reached 17,083 tonnes, a 37.82% increase compared to January 2024. Jeera imports have seen a dramatic drop, falling by 93.84% during the same period.
