Jeera prices increased by 0.47% to Rs 19,355 due to level-based buying, influenced by low arrivals, as Diwali holidays in various markets limited supply inflows. The decrease in arrivals bolstered prices; however, the increases were constrained by subdued export demand after the retail season ended. Traders indicated a lack of robust overseas buying interest, as current inventories sufficiently satisfy existing export requirements. Farmers currently possess approximately 20 lakh bags of cumin, with projections indicating that only 3–4 lakh bags will be traded by the conclusion of the season.

This situation results in an anticipated carry-forward stock of 16 lakh bags. Production estimates suggest a decrease relative to the previous year, with national output projected at 90–92 lakh bags, in contrast to the earlier figure of 1.10 crore bags. The estimated crop yield for Gujarat stands at 42–45 lakh bags, while Rajasthan’s is projected to be between 48–50 lakh bags. Adverse weather conditions worldwide have hindered production in competing regions, including China, Turkey, Syria, and Afghanistan. However, the sluggish export demand from India continues to exert pressure on market sentiment.

Trade data indicates that Jeera exports experienced a significant decline of 19.81% from April to July 2025, totaling 73,026 tonnes compared to 91,070 tonnes during the corresponding period of the previous year. In July, exports experienced a year-on-year decline of 20.83%, totaling 13,779 tonnes.

From a technical perspective, the market is experiencing short covering, as open interest has remained stable at 3,501 contracts, while prices have increased by Rs 90. Jeera is encountering support levels at Rs 19,310 and Rs 19,260, whereas resistance is identified at Rs 19,400 and Rs 19,440. A breach of Rs 19,440 may catalyze additional buying activity in the short run.