Prices for Jeera decline when the market is burdened by expectations of increased production

Jeera prices dropped by 1.7% to 25,500 due to expectations of higher production this season. However, the downside was limited due to strong domestic and export demand, tight global supplies, and farmers holding back stocks. Gujarat and Rajasthan saw increased sowing areas, leading to a 30% higher production forecast. China’s cumin production surged to over…

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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,…

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Strong Domestic and Export Demand Along With Limited Global Supply Led To Jeera’s Gains

Jeera prices increased by 1.61% to reach 29610 in response to strong export and domestic demand as well as limited worldwide supply. Farmers holding onto their stock in anticipation of higher prices added to the rising momentum. The upside potential is, however, constrained by projections of increased output, which may drive prices lower. This season,…

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A possible increase in market arrivals caused Jeera’s price to drop

Jeera prices saw a 1.38% decrease during yesterday’s trading session, ultimately finishing at 24230. This was mostly because of market pressure from anticipation of higher arrivals. The drawback was minimal, though, since international consumers continued to favor Indian jeera despite dwindling supply worldwide. In Rajkot Mandi, the market saw a significant influx of 10000 to…

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