Short covering drove the recent price decline in jeera, which was ascribed to farmers sowing more cumin, to a slight increase of 0.48%, closing at 36,645. As opposed to 224,140 hectares during the same period last year, the most recent data shows a notable 94% increase in cumin cultivation in Gujarat, to 433,754 hectares. Additionally,…
Jeera prices increased by 0.81% to close at 39350, propelled by buyers’ desire to purchase after a recent decrease in value. The upside, however, is expected to be constrained because of sufficient soil moisture and excellent weather for crop growth. When compared to the same period in 2022, Gujarat’s jeera seeding has grown significantly, rising…
A notable loss was experienced by jeera, or cumin, which dropped by -5.98% to close at 41475. The decrease is ascribed to excellent meteorological circumstances that facilitate sufficient soil moisture for agricultural sowing operations. As a result of stockists’ desire to purchase despite the recent price decline, the negative is lessened. An encouraging aspect of…
Jeera prices had a 0.5% increase, culminating at 45830, propelled by low-level purchasing after a recent decline in value. It is anticipated that excellent weather and sufficient soil moisture will increase total jeera sowing activity. Due to the recent price decline, stockists are exhibiting a desire to purchase, which is leading to short covering. However,…
Short covering following a price decrease caused Jeera to rise by 1.5%. Good weather and enough soil moisture will probably encourage planting and keep the sowing outlook normal. The recent price increase was caused by short-term interest from stockists, but the poor demand for Indian jeera globally was caused by competitive prices in other nations,…
Jeera’s recent drop from 43710 to 5.998% is due to favourable weather conditions that increased sowing efforts. Enough soil moisture is present to facilitate the expected normal sowing of Jeera. Recent price declines have encouraged stockists to purchase, which has led to short covering. The scarcity of high-quality crops also supports the market. However, because…
Jeera futures are rising, rising over 8.50% in the previous four sessions to settle at 57650, driven by fresh buying amid limited supply at the physical market and anticipation of the next new harvest, which is still five months away. While stockists profit from recent price declines, concerns remain on the slow exports, with seasonal…
Prices for jeera (cumin) fell significantly, by 4.51% to 53,940, mostly as a result of weak export demand. As customers preferred other sources like Syria and Turkey due to higher Indian prices, demand for Indian jeera decreased globally. Due to export seasonality, export activity is anticipated to stay muted in the upcoming months. Indian jeera…
A decrease in local supplies caused a 0.5% small uptick in the jeera market yesterday, which closed at 63175. With millers maintaining fewer inventories, holiday demand for jeera has piqued stockists’ interest. However, exporters are not now benefiting from the price competitiveness of Indian jeera, which may slow down export activity in the upcoming weeks….
In response to recent increases brought about by a reduction in local market supplies, jeera prices saw a -1.49% dip driven by profit booking. Stockists have shown growing interest as the demand for jeera during festivals rises, especially when millers’ inventories are getting smaller. Although Indian jeera is now priced competitively, this does not benefit…
