Expectations of stronger production in the upcoming season led to a -0.38% settlement yesterday, with Jeera prices closing at 28510. Because farmers are holding back stock in the hopes of receiving better prices, the expectation of a 30% increase in production to 8.5–9 lakh tonnes has affected market sentiment. Due to strong domestic and international…
Due to anticipation of increasing supply, which could put downward pressure on pricing, jeera finished down 0.4% at 28,990 yesterday. The downside was, however, constrained by strong export and local demand as well as restricted global supply. The market was also helped by farmers holding back their supply in anticipation of higher prices. This season,…
Jeera prices closed at 29,620 yesterday, up 0.63% over yesterday’s close due to robust export and local demand and limited global supply. Farmers who were holding onto their goods in anticipation of higher prices provided support to the market and helped it to rise. Expectations of increased production this season, however, limited the gain and…
Jeera prices rose by 1.84% to $28,765 Wednesday, driven by strong export and domestic demand as well as limited worldwide supply. Farmers holding onto stock in anticipation of higher prices helped to sustain the upward price movement and boost market optimism. The season’s production is expected to rise by 30% to 8.5-9 lakh tonnes, mainly…
Jeera prices closed at 27,880, up 0.76% from the previous day due to strong export and local demand and limited supply worldwide. Farmers who were holding back goods in anticipation of higher prices helped to support the upward shift in market sentiment. Expectations of stronger production this season which is expected to be 30% higher…
Due to strong local and export demand as well as limited worldwide supply, jeera prices rose by 2.13% yesterday to close at 27,515. Notwithstanding these positive indicators, forecasts of increased output in the current season limited the upside potential and might put pressure on pricing moving forward. Farmers holding back supplies in anticipation of stronger…
Jeera prices increased by 1.61% to reach 29610 in response to strong export and domestic demand as well as limited worldwide supply. Farmers holding onto their stock in anticipation of higher prices added to the rising momentum. The upside potential is, however, constrained by projections of increased output, which may drive prices lower. This season,…
Prices for jeera saw a minor decrease of 0.63% to end at 28,420 due to anticipations of increased supply, which would put pressure on prices. The jeera production is expected to increase by 30% this season, reaching 8.5–9 lakh tonnes, mostly in Gujarat and Rajasthan due to a significant increase in planting area. Significant gains…
Jeera prices had a slight increase of 0.2%, ultimately reaching 29,390. This increase was mostly caused by a deceleration in the rate of arrivals, as farmers and stockists withheld their inventory in anticipation of higher prices. The first week of May saw a modest increase in jeera arrivals at major APMC mandis throughout India when…
The slowing in the speed of arrivals caused stockists and farmers to hold off on releasing their stockpiles in the face of higher price realization, which caused jeera prices to rise by 6% yesterday and close at 29,510. There was a slight increase in the arrival of jeera in major APMC mandis in India, suggesting…
