The prices of jeera had a notable upward trend, culminating in a 5.04% gain at 39985, mostly due to short covering subsequent to previous increases ascribed to increased production prospects in Gujarat and Rajasthan. But the market is facing difficulties because of Gujarat’s aggressive sowing and slow exports, which are expected to drive down prices…
Short covering drove the recent price decline in jeera, which was ascribed to farmers sowing more cumin, to a slight increase of 0.48%, closing at 36,645. As opposed to 224,140 hectares during the same period last year, the most recent data shows a notable 94% increase in cumin cultivation in Gujarat, to 433,754 hectares. Additionally,…
Jeera prices increased by 0.81% to close at 39350, propelled by buyers’ desire to purchase after a recent decrease in value. The upside, however, is expected to be constrained because of sufficient soil moisture and excellent weather for crop growth. When compared to the same period in 2022, Gujarat’s jeera seeding has grown significantly, rising…
