Jeera prices increased slightly by 0.13% to 22,585, driven by domestic demand and export activity, especially from Gulf countries. However, supply constraints, including limited arrivals from Rajasthan and a delayed new crop in Gujarat, also contributed to the increase. India’s cumin production for 2023-24 is estimated at 8.6 lakh tonnes, a significant increase from the…
Jeera prices have declined by 0.46% to ₹21,450 due to weak demand and ample carry-forward stocks. Farmers hold around 20 lakh bags, with only 3-4 lakh expected to be traded by season-end. The Spices Board reports 2023-24 production at 8.6 lakh tonnes, up from 5.77 lakh tonnes last year. Domestic demand and export activity, particularly…
Jeera prices increased by 0.24% to settle at 20,830, driven by a delayed start to the new crop in Gujarat due to unfavorable weather. Sowing in major producing regions like Gujarat and Rajasthan began a month late, tightening early supplies. However, upside momentum was limited by subdued demand and sufficient carry-forward stocks. Farmers hold around…
Jeera prices rose by 0.28% to 21,395 due to delays in the arrival of a new crop from Gujarat. However, the upside was capped by weak demand and sufficient stock availability. Farmers still hold around 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded by the season’s end. Production for…
Jeera prices rose by 0.28% to 21,200 due to supply concerns and delayed crop arrival in Gujarat. Sowing in key producing states like Gujarat and Rajasthan also experienced delays, impacting availability. Around 20 lakh bags of cumin remain with farmers, with only 3-4 lakh bags expected to be traded by the end of the season….
Jeera prices in India rose by 3.56% to ₹21,805 due to delayed crop start in Gujarat and postponed sowing in key states. However, demand remains sluggish, and export orders are fulfilled from existing stocks. Farmers hold around 20 lakh bags of jeera, with only 3-4 lakh bags expected to be traded by the season’s end….
Jeera prices rose by 0.75% to settle at 20,780, driven by low-level buying. Indian cumin remains the cheapest globally, attracting international buyers despite weak domestic demand. Farmers hold around 20 lakh bags, with only 3-4 lakh bags expected to be traded by the end of the season. Production is expected to remain stable due to…
Indian cumin production for the 2023-24 season is estimated at 8.6 lakh tonnes, up from 5.77 lakh tonnes last year. Despite high supply, shortage concerns could limit downside risks. Global demand for Indian cumin remains strong, as it is currently the cheapest globally at $3,050 per tonne compared to Chinese cumin. Tensions in the Middle…
Jeera fell 1.37% to ₹20,905 on increased supply availability and lower demand. Of the nearly 20 lakh bags currently held by farmers, only 3-4 lakh bags are expected to be traded by the end of the season, leaving 16 lakh bags available for carry-forward. Jeera production for 2023-24 is expected to be 8.6 lakh tonnes…
Jeera futures settled 0.8% lower at ₹22,445 due to subdued demand and current export needs being met. However, concerns over stock shortages limited the downside. Farmers hold around 20 lakh bags of jeera, with only 3-4 lakh bags expected to be traded by the season’s end. India’s jeera production for 2023-24 is expected to match…
