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 0.42% to 21,335 due to the delayed arrival of the new crop in Gujarat due to unfavorable weather conditions. However, demand remains subdued and current export requirements are met through available stock. Farmers hold approximately 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded by the…
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….
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 prices rose by 0.29% to ₹22,290 due to low-level buying and concerns over stock shortages. Despite low demand, existing export business is met by available stocks. Farmers have approximately 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded by season’s end. However, the upside is somewhat capped due to…
Jeera prices fell by 0.32% to ₹23,360 due to delayed sowing in Gujarat and Rajasthan, impacted by higher temperatures. Gujarat, the largest producer, has only 57,915 hectares of sowing, below last year’s 2.44 lakh hectares and the normal cropping area of 3.81 lakh hectares. India’s cumin seed production for 2023-24 increased to 8.6 lakh tonnes,…
Jeera prices fell by 0.66% to ₹24,225 due to profit booking gains. Delays in sowing in Gujarat and Rajasthan, key producing states, have impacted production timelines. Gujarat reported jeera sowing in just 15% of the normal area, with a 20-25 day delay impacting production timelines. India’s cumin production reached 8.6 lakh tonnes in 2023-24, up…
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…
Jeera prices have declined by -0.15% to ₹23,935 due to profit booking and delayed sowing in Gujarat and Rajasthan, key producing states. Higher temperatures have hampered seeding and germination, resulting in sowing covering only 15% of the cropping area. Rajasthan’s cumin cultivation is expected to decrease by 10-15%. India’s cumin production reached 8.6 lakh tonnes…
