Jeera prices have slightly decreased by 0.15% to ₹24,030 due to weak demand from stockists and farmers selling at high prices. Despite limited Rajasthan arrivals, subdued buying interest has slowed the market’s bullish momentum. However, crop conditions are improving this season, and production is expected to match last year’s levels. India’s cumin production for 2023-24…
Jeera prices rose by 0.45% to ₹24,400, driven by domestic demand and Gulf export interest. However, tight supplies, limited arrivals from Rajasthan, and delayed new crop arrivals from Gujarat further limit market availability. Farmers hold around 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded before the end of the…
Jeera futures fell 0.36% to ₹24,700 on profit booking after recent gains driven by strong domestic and export demand. Supply remains tight due to delayed crop arrivals from Gujarat and Rajasthan, but the upside is limited by weak overall demand and ample old stocks. Farmers hold around 20 lakh bags of jeera, but only 3–4…
Jeera prices rose by 0.7% to settle at 23,120, driven by steady domestic demand and export activity, especially from Gulf countries. However, limited arrivals from Rajasthan and a delayed cumin crop in Gujarat contributed to supply concerns. Weather disruptions postponed sowing in key producing states like Gujarat and Rajasthan. Farmers still hold around 20 lakh…
Jeera prices increased by 0.24% to settle at 20,830, driven by a delayed start to the new crop in Gujarat due to unfavorable weather. Sowing in major producing regions like Gujarat and Rajasthan began a month late, tightening early supplies. However, upside momentum was limited by subdued demand and sufficient carry-forward stocks. Farmers hold around…
Jeera prices rose by 0.28% to 21,395 due to delays in the arrival of a new crop from Gujarat. However, the upside was capped by weak demand and sufficient stock availability. Farmers still hold around 20 lakh bags of cumin, with only 3-4 lakh bags expected to be traded by the season’s end. Production for…
Jeera prices in India rose by 3.56% to ₹21,805 due to delayed crop start in Gujarat and postponed sowing in key states. However, demand remains sluggish, and export orders are fulfilled from existing stocks. Farmers hold around 20 lakh bags of jeera, with only 3-4 lakh bags expected to be traded by the season’s end….
Jeera prices rose by 0.75% to settle at 20,780, driven by low-level buying. Indian cumin remains the cheapest globally, attracting international buyers despite weak domestic demand. Farmers hold around 20 lakh bags, with only 3-4 lakh bags expected to be traded by the end of the season. Production is expected to remain stable due to…
Indian cumin production for the 2023-24 season is estimated at 8.6 lakh tonnes, up from 5.77 lakh tonnes last year. Despite high supply, shortage concerns could limit downside risks. Global demand for Indian cumin remains strong, as it is currently the cheapest globally at $3,050 per tonne compared to Chinese cumin. Tensions in the Middle…
Jeera futures settled 0.8% lower at ₹22,445 due to subdued demand and current export needs being met. However, concerns over stock shortages limited the downside. Farmers hold around 20 lakh bags of jeera, with only 3-4 lakh bags expected to be traded by the season’s end. India’s jeera production for 2023-24 is expected to match…
