Strong export demand and aggressive stockist buying drove up Jeera prices

Due to strong export demand and aggressive buying by stockists, jeera prices rose an amazing 5.91% throughout yesterday’s trading session, ultimately finishing at 26540. Due to limited global supply, Indian jeera is still chosen by consumers worldwide, albeit the upside was slightly constrained by the potential for more pressure from more entrants into the market….

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A possible increase in market arrivals caused Jeera’s price to drop

Jeera prices saw a 1.38% decrease during yesterday’s trading session, ultimately finishing at 24230. This was mostly because of market pressure from anticipation of higher arrivals. The drawback was minimal, though, since international consumers continued to favor Indian jeera despite dwindling supply worldwide. In Rajkot Mandi, the market saw a significant influx of 10000 to…

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With global supplies tightening, Indian jeera gains popularity among buyers

Jeera prices rose 0.4% Wednesday, finishing at 22345, led by global customers preferring Indian jeera amid tighter worldwide supply. However, the upside was limited due to concerns about rising arrivals, with daily shipments of 10,000 to 12,000 bags in Rajkot Mandi exceeding demand levels. New arrivals in Gujarat and Rajasthan have increased, raising hopes of…

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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 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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Higher production prospects caused prices to fall, leading to a gain in Jeera from short-covering

Yesterday, jeera prices fell sharply by 2.5 percent, closing at 26545. This was mostly caused by increased production expectations in Gujarat and Rajasthan, two important cultivation regions. In reaction to record prices seen in the previous marketing season, farmers increased their cultivation areas, resulting in a four-year high in jeera acreage for the current rabi…

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