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 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…
Jeera prices increased 2.85% to settle at 27,830, mostly due to a decrease in arrivals and a refusal on the part of farmers and stockists to release their supplies at the existing rates. Because of this careful approach, supply became more limited, which helped drive up prices. While it was a little rise from the…
Due to a slowdown in the rate of arrivals and stockists and farmers holding onto inventory in anticipation of higher prices, jeera prices increased by 4.06% to close at 27300. A cautious approach from vendors is shown by the minor increase in jeera arrivals in major APMC mandies across India during the first week of…
Jeera prices fell -0.75% Wednesday, closing at 25190. This was mostly because of the market pressure brought on by the expectation of more increases in arrivals. Nonetheless, strong export demand and forceful stockist purchases kept the negative effects in check. Due to limited worldwide supply, Indian jeera continued to be favored by purchasers worldwide, even…
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…
The Jeera market’s recent performance has been marked by a significant downturn, with prices finally closing at 26400, down -2.37%. The expectation of increasing output levels in important producing states like Gujarat and Rajasthan is the reason for this downward trend. Due to farmers’ reactions to record prices witnessed in the previous marketing season, the…
Prices for jeera (cumin) saw a notable drop of -5.99% to close at 31695, which was ascribed to promising production prospects in Gujarat and Rajasthan. The growth in Jeera seeding, especially in Gujarat, was notable as it jumped by 102% to 544,099.00 hectares. Cumin cultivation increased by 13% in Rajasthan to 6.32 lakh hectares. The…
