With global supplies tightening, Indian jeera gains popularity among buyers

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…

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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 Withdrew Due To The Potential For Additional Pressure On Arrivals

Jeera futures closed at 23285, up 0.69%, mostly on predictions that more arrivals would put pressure on the market. However, there was little downside as buyers worldwide continued to choose Indian jeera despite tightening global supply. Over the past few weeks, new arrivals have been reported in both Gujarat and Rajasthan, adding to the 10,000–12,000…

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Jeera moved into a flat due to the potential for increased pressure from arrivals

Prices for jeera experienced a minor uptick yesterday of 0.45%, closing at 23635, possibly as a result of increasing pressure from arrivals. Despite reduced global supply, buyers worldwide persisted in favoring Indian jeera; as a result, the negative movement was contained. Every day, between 10,000 and 12,000 bags arrive in Rajkot Mandi, surpassing the present…

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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 Accomplished In Short Coverage

After a recent decline owing to increasing acreage in the major producing states of Gujarat and Rajasthan, jeera prices saw a minor uptick of 0.45% yesterday, finishing at 24440. This increase was mostly driven by short covering. Farmers greatly increased cultivation in response to the previous marketing season’s record prices, resulting in a four-year acreage…

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Weather risks may impact jeera yield, leading to a gain in its market value

The Jeera market is displaying a complicated scenario; yesterday’s settlement at 25730 showed a significant 1.78% gain, primarily due to growing weather threats in Rajasthan and Gujarat, two important production regions. Market mood has increased due to worries that unfavorable weather conditions will impact yields. Nonetheless, this good news is offset by the fact that…

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