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…
Jeera prices dropped by 0.8% to ₹25,490 due to increased production expectations. However, prices remain supported by strong domestic and export demand and tight global supplies. Farmers are holding onto their stocks for higher prices. The sowing area for jeera has increased this season, with Gujarat’s area rising by 104% and Rajasthan’s by 16%. This…
Jeera prices rose by 0.36% to 25,435, driven by strong domestic and export demand and global supply constraints. However, expectations of higher production and farmers holding back stocks contributed to price support. Jeera production has increased significantly worldwide, with China driving the increase, more than tripling its output to about 55–60 thousand tonnes. Syria, Turkey,…
Jeera prices closed at 29,620 yesterday, up 0.63% over yesterday’s close due to robust export and local demand and limited global supply. Farmers who were holding onto their goods in anticipation of higher prices provided support to the market and helped it to rise. Expectations of increased production this season, however, limited the gain and…
