Jeera prices fell by 0.1% to 19,965 following weak domestic and export demand during the peak retail season. The decline was largely due to subdued buying from overseas markets and inactivity from foreign buyers. Adequate existing stock levels and comfortable supply also weighed on prices. Farmers hold around 20 lakh bags of cumin, but only…
Jeera futures settled at 20,115, boosted by export inquiries and easing geopolitical tensions. Indian farmers hold around 20 lakh bags of cumin, with only 3-4 lakh expected to be traded by season-end. India’s cumin production is estimated at 90-92 lakh bags, lower than last year’s 1.10 crore bags. Production in Gujarat and Rajasthan is pegged…
Jeera prices have rebounded by 1.9% to 19,610 per quintal, driven by short covering after weak post-retail season demand. Traders reported subdued momentum in both domestic and export markets, with foreign buyers remaining largely inactive. Market sentiment remains cautious due to ample supplies and sluggish export activity. Farmers hold around 20 lakh bags, with only…
Jeera prices rose by 0.43% to ₹19,840, driven by lower-level buying from domestic participants despite subdued export demand. The price rise was due to inactivity from foreign buyers and pressure from comfortable supplies. Total arrivals in key mandis increased to 32,900 bags, adding supply-side pressure. The start of the new cumin crop in Gujarat and…
Jeera futures fell by 1.85% to close at ₹19,880 due to sluggish domestic and export demand, rising arrivals in key mandis, and subdued export demand. Total mandi arrivals increased to 32,900 bags, creating supply-side pressure. Export demand remains subdued, with current requirements being met from existing inventories. Production for the current season is expected to…
Jeera futures have fallen by 1.59% to settle at ₹20,725, mainly due to subdued domestic buying and weak export demand. The decline comes as the retail season draws to a close and overseas buyers remain inactive. Arrivals in major mandis have increased to 32,900 bags, indicating ample supply. Despite concerns about weather-related sowing delays in…
Jeera prices dropped by 0.34% to 20,750 due to muted domestic demand and weak export activity. Traders attributed the drop to the end of the retail season and a lack of fresh buying interest from overseas markets. Comfortable supply levels and subdued demand have increased downward pressure. Arrivals in major mandis surged to 32,900 bags,…
Jeera prices have slightly increased by 0.09% to ₹21,260, despite lower export demand and domestic buyer interest. The market is under pressure due to ample supplies and tepid export inquiries. Total arrivals in key mandis increased to 32,900 bags, adding supply-side pressure. The new cumin crop sowing in major producing states has been delayed by…
Jeera prices fell by 0.16% to 21,830 due to weak domestic buying and subdued export demand. The decline is attributed to the end of the retail season and a lack of foreign buyer participation. Increased arrivals and sufficient existing stocks added supply-side pressure. Total arrivals in major mandis rose to 32,900 bags, affecting prices. The…
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…
