Jeera futures closed 0.70% higher at 19,370, following weakness due to subdued domestic and export demand post the retail season. The downtrend was largely due to comfortable supply levels, limited foreign buying, and tepid trade activity. Farmers hold around 20 lakh bags, but only 3-4 lakh bags are expected to be traded before the season…
Jeera prices rose by 0.49% to 19,650, driven by export demand and easing geopolitical tensions. However, the momentum is limited due to the retail buying season and lackluster overseas interest. Domestic supplies remain ample, with farmers holding around 20 lakh bags of cumin. Production is estimated at 90-92 lakh bags for the current season, with…
Jeera prices have rebounded by 1.9% to 19,610 per quintal, driven by short covering after weak post-retail season demand. Traders reported subdued momentum in both domestic and export markets, with foreign buyers remaining largely inactive. Market sentiment remains cautious due to ample supplies and sluggish export activity. Farmers hold around 20 lakh bags, with only…
Jeera futures have fallen by 1.59% to settle at ₹20,725, mainly due to subdued domestic buying and weak export demand. The decline comes as the retail season draws to a close and overseas buyers remain inactive. Arrivals in major mandis have increased to 32,900 bags, indicating ample supply. Despite concerns about weather-related sowing delays in…
Jeera prices dropped by 0.34% to 20,750 due to muted domestic demand and weak export activity. Traders attributed the drop to the end of the retail season and a lack of fresh buying interest from overseas markets. Comfortable supply levels and subdued demand have increased downward pressure. Arrivals in major mandis surged to 32,900 bags,…
Jeera prices have slightly increased by 0.09% to ₹21,260, despite lower export demand and domestic buyer interest. The market is under pressure due to ample supplies and tepid export inquiries. Total arrivals in key mandis increased to 32,900 bags, adding supply-side pressure. The new cumin crop sowing in major producing states has been delayed by…
Jeera prices fell by 0.16% to 21,830 due to weak domestic buying and subdued export demand. The decline is attributed to the end of the retail season and a lack of foreign buyer participation. Increased arrivals and sufficient existing stocks added supply-side pressure. Total arrivals in major mandis rose to 32,900 bags, affecting prices. The…
Jeera prices have dropped by 2% at 22,545, driven by comfortable supplies and subdued export interest. Total arrivals in Gujarat increased to 27,300 bags, causing downward pressure on prices. However, supply trends remain critical, with tight near-term supplies from Rajasthan and delayed sowing in key regions. Production levels are expected to be similar to last…
Jeera futures fell 0.36% to ₹24,700 on profit booking after recent gains driven by strong domestic and export demand. Supply remains tight due to delayed crop arrivals from Gujarat and Rajasthan, but the upside is limited by weak overall demand and ample old stocks. Farmers hold around 20 lakh bags of jeera, but only 3–4…
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…
