Jeera declined since there may be more arrivals on the market

Jeera prices fell -0.75% Wednesday, closing at 25190. This was mostly because of the market pressure brought on by the expectation of more increases in arrivals. Nonetheless, strong export demand and forceful stockist purchases kept the negative effects in check. Due to limited worldwide supply, Indian jeera continued to be favored by purchasers worldwide, even…

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With tightening global supplies, Jeera gains as buyers from throughout the world prefer Indian Jeera

Yesterday, jeera prices rose by 1.08% to settle at 21900, propelled by buyers’ preference for Indian jeera in the face of limited worldwide supply. The upside was, however, limited because of worries about rising market arrivals; in Rajkot Mandi, daily shipments of 10,000 to 12,000 bags exceed demand. Pressure on the market has increased as…

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Jeera Withdrew Due To The Potential For Additional Pressure On Arrivals

Jeera futures closed at 23285, up 0.69%, mostly on predictions that more arrivals would put pressure on the market. However, there was little downside as buyers worldwide continued to choose Indian jeera despite tightening global supply. Over the past few weeks, new arrivals have been reported in both Gujarat and Rajasthan, adding to the 10,000–12,000…

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Jeera gains as in Unjha, the arrival of cumin has reduced to 35-37 thousand bags

Jeera prices rose 1.36% to 23860, spurred by lower cumin arrivals in Unjha, which fell to 35-37 thousand bags. This reduction in arrivals, combined with record-high acreage in important producing states such as Gujarat and Rajasthan, fueled the increasing trend. Farmers increased cultivation due to advantageous pricing from the previous marketing season, demonstrating a strong…

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Jeera Accomplished In Short Coverage

After a recent decline owing to increasing acreage in the major producing states of Gujarat and Rajasthan, jeera prices saw a minor uptick of 0.45% yesterday, finishing at 24440. This increase was mostly driven by short covering. Farmers greatly increased cultivation in response to the previous marketing season’s record prices, resulting in a four-year acreage…

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