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 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,…
Expectations of stronger production in the upcoming season led to a -0.38% settlement yesterday, with Jeera prices closing at 28510. Because farmers are holding back stock in the hopes of receiving better prices, the expectation of a 30% increase in production to 8.5–9 lakh tonnes has affected market sentiment. Due to strong domestic and international…
Due to anticipation of increasing supply, which could put downward pressure on pricing, jeera finished down 0.4% at 28,990 yesterday. The downside was, however, constrained by strong export and local demand as well as restricted global supply. The market was also helped by farmers holding back their supply in anticipation of higher prices. This season,…
Jeera prices rose by 1.84% to $28,765 Wednesday, driven by strong export and domestic demand as well as limited worldwide supply. Farmers holding onto stock in anticipation of higher prices helped to sustain the upward price movement and boost market optimism. The season’s production is expected to rise by 30% to 8.5-9 lakh tonnes, mainly…
Jeera prices closed at 27,880, up 0.76% from the previous day due to strong export and local demand and limited supply worldwide. Farmers who were holding back goods in anticipation of higher prices helped to support the upward shift in market sentiment. Expectations of stronger production this season which is expected to be 30% higher…
Due to strong local and export demand as well as limited worldwide supply, jeera prices rose by 2.13% yesterday to close at 27,515. Notwithstanding these positive indicators, forecasts of increased output in the current season limited the upside potential and might put pressure on pricing moving forward. Farmers holding back supplies in anticipation of stronger…
