Jeera prices rose by 0.82% to ₹24,550 due to delayed sowing in Gujarat and Rajasthan, key producing states, due to higher temperatures and poor germination.
Gujarat reported seeding on only 57,915 hectares, significantly lower than last year’s 2.44 lakh hectares and below the normal 3.81 lakh hectares. The delay is expected to impact production, with a 10-15% decline in Rajasthan and a 10% overall decrease.
Despite these challenges, domestic and international demand remains robust, with Indian cumin being the cheapest globally, making it the preferred source for countries like China. Exports during April-October 2024 rose by 77.37% to 135,451 tonnes.
