Jeera rises as export activity and domestic demand boost prices.

Jeera prices increased slightly by 0.13% to 22,585, driven by domestic demand and export activity, especially from Gulf countries. However, supply constraints, including limited arrivals from Rajasthan and a delayed new crop in Gujarat, also contributed to the increase. India’s cumin production for 2023-24 is estimated at 8.6 lakh tonnes, a significant increase from the…

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Jeera Benefits from a Month-Long Sowing Delay for Gujarat’s New Cumin Crop

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…

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Jeera saw a mild recovery as bargain buying emerged following a recent price drop amid subdued demand

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…

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