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 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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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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Higher Production Prospects Caused Jeera Prices To Drop

The jeera market’s recent performance is indicative of the complex interaction between several internal and external forces. Increased acreage in important areas like Gujarat and Rajasthan is driving the bullish perspective on production, which is the main cause of the -1.55% drop in jeera prices to 25150. Farmers’ reaction to record prices during the previous…

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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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