Higher Production Prospects Caused Jeera Prices to Drop

Prices for jeera (cumin) saw a sharp decline during yesterday’s trading session, falling by -3.36% to settle at 25335. This decline was mostly caused by expectations of increased output in Gujarat and Rajasthan, two important cultivating regions. This year’s rabi season saw farmers in Gujarat and Rajasthan significantly increase their jeera cultivation, bringing the acreage…

Read More

A price drop and higher production prospects lead to Jeera’s gain on short-covering

The market’s recent performance for jeera has been marked by a notable recovery, with prices rising by 5.71% to close at 27215, mostly as a result of short-covering activity after a prior decline ascribed to improved production prospects in important cultivating regions like Gujarat and Rajasthan. The amount of land cultivated for jeera has increased…

Read More

Short covering helps Jeera when prices fall as a result of increased production

Jeera futures recorded a tiny gain of 0.42%, closing at 25380, on short covering following a decrease in prices due to increased production prospects in Gujarat and Rajasthan, the two major farming states. Due to farmers expanding cultivation in response to record prices in the previous marketing season, jeera acreage reached a four-year high during…

Read More

Higher production prospects caused prices to fall, leading to a gain in Jeera from short-covering

Yesterday, jeera prices fell sharply by 2.5 percent, closing at 26545. This was mostly caused by increased production expectations in Gujarat and Rajasthan, two important cultivation regions. In reaction to record prices seen in the previous marketing season, farmers increased their cultivation areas, resulting in a four-year high in jeera acreage for the current rabi…

Read More

Short covering helped Jeera profit as prices fell and there were more opportunities for production

Prices for jeera saw a 0.68% recovery to close at 27295 due to short-covering after a decrease impacted by positive production outlooks in important regions like Gujarat and Rajasthan. The amount of land planted to jeera reached a four-year high during the current rabi season. Farmers increased their cultivation considerably in reaction to the record…

Read More

Jeera Made Money On Low-Level Purchases After Prices Fell As A Result Of Increased Production

Low-level buying caused the jeera prices to rise sharply, 4.02%, to settle at 28350 following a recent decline ascribed to improved production forecasts in the major farming states of Gujarat and Rajasthan. The current rabi season saw acreage for jeera hit a four-year high, demonstrating a strong relationship between cultivated area and market pricing. Gujarat…

Read More

Higher production potential led to a decrease in Jeera pricing

Cumin (jeera) saw a significant decrease, settling at 27645, down -1.21%, mostly due to improved production expectations in important cultivating states like Gujarat and Rajasthan. The amount of jeera acreage has increased dramatically during rabi season, hitting a four-year high. Encouraged by the previous marketing season’s record prices, farmers increased their land under cultivation, demonstrating…

Read More