In spite of unfavorable weather in Rajasthan, the main growing region for cumin, and some areas of Gujarat, prices for jeera (cumin seed) have resumed their ascent after a brief hiatus. Concerns have been raised about the crop status as a result of recent unseasonal rains that have fallen in the jeera-growing regions of southern…
While demand has started to pick up again and ending stocks have decreased, cumin (jeera) prices have increased by roughly 10% since the beginning of this month. Cumin was quoted at 31,000 rupees per quintal, up from 28,350 on February 2 at the Unjha agricultural produce marketing committee (APMC) yard, a price-setter in the spice….
Jeera (cumin seed), the spice, set a new record high on Monday, surpassing $33,000 per quintal in the futures market, kicking off 2023 on a scorching note. Jeera futures for January delivery have increased by more than 30% from 25,085 since December 2. Jeera prices in Unjha’s spot markets have increased by 29% from 24,857…
