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…
Jeera prices rose by 0.48% to ₹24,080 as major states Gujarat and Rajasthan, which are major producers of jeera, sowed the seeds late due to late sowing. As of November 25, jeera cultivation in Gujarat was recorded in only 57,915 hectares, a huge decline from 2.44 lakh hectares in the same period last year. Additionally,…
Jeera prices fell by 0.75% to ₹25,025, driven by increased arrivals in Unjha. Farmers hold 35% of the current season’s stock, with carryover stock estimated at 20 lakh bags. Despite supply pressure, optimism persists regarding export demand, particularly in November-December, supported by festive season requirements and India’s competitive pricing. Indian jeera is currently the cheapest…
Jeera prices dropped -0.22% to 25,220 as a result of a spike in arrivals; in Unjha, about 15,000 bags of cumin are delivered every day. An estimated 20 lakh bags of carryover stock are anticipated at the start of the next season, with farmers keeping about 35% of the supply. Nevertheless, there is hope for…
Jeera prices dropped by 0.54% at 25,015, driven by increased cumin arrivals in key markets like Unjha. Farmers hold 35% of the current season’s stock, with carryover stock expected to be around 20 lakh bags for the new season. However, there is optimism for improvement in cumin exports post-Diwali, with 15,000 to 17,000 tons expected…
Jeera prices dropped by 0.36% to 24,935 due to increased supply and pressure from ongoing arrivals. 30% of cumin stocks are held by farmers, with daily arrivals in Unjha ranging from 12,000 to 17,000 bags. Despite the pressure, the export market remains active, with prices quoted between $3,150 and $3,200 per tonne. Demand is particularly…
