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 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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Weather risks may impact jeera yield, leading to a gain in its market value

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…

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As the current Rabi season approaches its four-year high, Jeera dropped

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…

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Jeera rose on modest buying after a decline prompted by increased production

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…

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Higher Production Prospects Caused Jeera Prices to Drop

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…

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A price drop and higher production prospects lead to Jeera’s gain on short-covering

The market’s recent performance for jeera has been marked by a notable recovery, with prices rising by 5.71% to close at 27215, mostly as a result of short-covering activity after a prior decline ascribed to improved production prospects in important cultivating regions like Gujarat and Rajasthan. The amount of land cultivated for jeera has increased…

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Short covering helps Jeera when prices fall as a result of increased production

Jeera futures recorded a tiny gain of 0.42%, closing at 25380, on short covering following a decrease in prices due to increased production prospects in Gujarat and Rajasthan, the two major farming states. Due to farmers expanding cultivation in response to record prices in the previous marketing season, jeera acreage reached a four-year high during…

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