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…
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…
Prices for jeera experienced a minor uptick yesterday of 0.45%, closing at 23635, possibly as a result of increasing pressure from arrivals. Despite reduced global supply, buyers worldwide persisted in favoring Indian jeera; as a result, the negative movement was contained. Every day, between 10,000 and 12,000 bags arrive in Rajkot Mandi, surpassing the present…
The main factor behind the 0.38% increase in jeera prices to 23920 was a decrease in cumin arrivals in Unjha, which was indicative of tightening supply conditions. The current rabi season has seen a four-year high in jeera acreage; nevertheless, arrivals have dropped to 35–37 thousand bags, suggesting possible supply problems. Due to record prices…
The Jeera market is displaying a complicated scenario; yesterday’s settlement at 25730 showed a significant 1.78% gain, primarily due to growing weather threats in Rajasthan and Gujarat, two important production regions. Market mood has increased due to worries that unfavorable weather conditions will impact yields. Nonetheless, this good news is offset by the fact that…
Jeera acreage reached a four-year high during the current rabi season, which caused jeera prices to decrease by -0.93% and settle at 25435. Due to the previous selling season’s record prices, farmers in important producing states like Gujarat and Rajasthan increased their crops. Gujarat saw a significant 160% rise in jeera agriculture, surpassing the average…
The performance of the Jeera market recently indicates a complicated interaction between supply-side dynamics, worldwide demand patterns, and technical indications that affect price changes. Jeera prices saw a significant 1.02% climb yesterday, closing at 24365, spurred by moderate purchasing following a prior decrease associated with forecasts of stronger production during the current rabi season in…
Prices for jeera (cumin) saw a sharp decline during yesterday’s trading session, falling by -3.36% to settle at 25335. This decline was mostly caused by expectations of increased output in Gujarat and Rajasthan, two important cultivating regions. This year’s rabi season saw farmers in Gujarat and Rajasthan significantly increase their jeera cultivation, bringing the acreage…
The Jeera market’s recent performance has been marked by a significant downturn, with prices finally closing at 26400, down -2.37%. The expectation of increasing output levels in important producing states like Gujarat and Rajasthan is the reason for this downward trend. Due to farmers’ reactions to record prices witnessed in the previous marketing season, the…
