Jeera experienced a decline of 0.89% yesterday, settling at Rs 21,600, influenced by ample supplies, lackluster export demand, and diminished purchasing activity from international markets. The presence of sufficient existing stocks, coupled with the conclusion of the retail season, further contributed to the subdued market sentiment. Export demand from Gulf countries and China has shown a modest improvement; however, it continues to be significantly influenced by price sensitivity, thereby limiting any substantial upward movement. Notwithstanding this, the downside appears constrained as weather-related disruptions and inconsistent precipitation have considerably hindered sowing activities. As of 1 December 2025, Gujarat, recognized as India’s largest producer, indicated a 7.74% decrease in sowing, with coverage of 194,775 hectares compared to 211,121 hectares in the previous year. Reduced arrivals in Unjha coupled with elevated prices for premium-quality cumin underscore persistent supply issues.

India and the Middle East are grappling with logistical and climate challenges, which are constraining supply and hindering a complete revival of export momentum. Farmers possess approximately 20 lakh bags; however, only 3–4 lakh bags are anticipated to be traded this season, resulting in an estimated carry-forward stock of 16 lakh bags. Production for 2025 is anticipated to be between 90 and 92 lakh bags, a decrease from last year’s 1.10 crore bags, indicative of diminished acreage.

Global production faces constraints in China, Syria, Turkey, and Afghanistan as a result of unfavorable weather conditions. During the period from April to September 2025, jeera exports experienced a decline of 14.51%, totaling 101,898.64 tonnes; however, exports in September indicated a slight recovery. In Unjha, spot prices increased by 0.44% to Rs 21,452.8.

Jeera is experiencing long liquidation, as evidenced by a 4.33% decrease in open interest to 2,919, coupled with a price decline of Rs 195. Immediate support stands at Rs 21,470, and a breach of this level could lead to a decline towards Rs 21,350. Resistance is positioned at Rs 21,780, and surpassing this threshold may propel prices to Rs 21,970.