Jeera prices rose by 0.43% to ₹19,840, driven by lower-level buying from domestic participants despite subdued export demand. The price rise was due to inactivity from foreign buyers and pressure from comfortable supplies.
Total arrivals in key mandis increased to 32,900 bags, adding supply-side pressure. The start of the new cumin crop in Gujarat and Rajasthan has been delayed by a month due to unfavorable weather conditions, potentially limiting fresh arrivals.
Despite low demand, the current export business is being fulfilled from existing stocks. Farmers hold around 20 lakh bags, with only 3-4 lakh bags expected to be traded by the end of the season.
Jeera exports from April 2024 to March 2025 rose significantly by 39.63% to 212,502 tonnes. Imports fell drastically by 93.20%, with only 1,194 tonnes imported in March 2025.
