In addition to tight global supplies, Jeera gains from strong domestic and export demand

Jeera prices rose by 0.36% to 25,435, driven by strong domestic and export demand and global supply constraints. However, expectations of higher production and farmers holding back stocks contributed to price support. Jeera production has increased significantly worldwide, with China driving the increase, more than tripling its output to about 55–60 thousand tonnes. Syria, Turkey,…

Read More

Jeera fell as the price pressure from anticipated increased production was felt

Due to anticipation of increasing supply, which could put downward pressure on pricing, jeera finished down 0.4% at 28,990 yesterday. The downside was, however, constrained by strong export and local demand as well as restricted global supply. The market was also helped by farmers holding back their supply in anticipation of higher prices. This season,…

Read More

Jeera Gains Despite Limited Global Supply and Strong Domestic And Export Demand

Due to strong local and export demand as well as limited worldwide supply, jeera prices rose by 2.13% yesterday to close at 27,515. Notwithstanding these positive indicators, forecasts of increased output in the current season limited the upside potential and might put pressure on pricing moving forward. Farmers holding back supplies in anticipation of stronger…

Read More

Jeera declined since there may be more arrivals on the market

Jeera prices fell -0.75% Wednesday, closing at 25190. This was mostly because of the market pressure brought on by the expectation of more increases in arrivals. Nonetheless, strong export demand and forceful stockist purchases kept the negative effects in check. Due to limited worldwide supply, Indian jeera continued to be favored by purchasers worldwide, even…

Read More

Strong export demand and aggressive stockist buying drove up Jeera prices

Due to strong export demand and aggressive buying by stockists, jeera prices rose an amazing 5.91% throughout yesterday’s trading session, ultimately finishing at 26540. Due to limited global supply, Indian jeera is still chosen by consumers worldwide, albeit the upside was slightly constrained by the potential for more pressure from more entrants into the market….

Read More