Jeera prices fell by 0.16% to 21,830 due to weak domestic buying and subdued export demand. The decline is attributed to the end of the retail season and a lack of foreign buyer participation. Increased arrivals and sufficient existing stocks added supply-side pressure.
Total arrivals in major mandis rose to 32,900 bags, affecting prices. The sowing of cumin in major producing states was delayed due to unfavorable weather conditions. Despite this, production levels are expected to be similar to last year.
Farmers hold around 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded by the season’s end. Exports rose by 62.55% to 1.95 lakh tonnes during April-February 2025.
