Jeera prices concluded with a slight increase of 0.09% at Rs 21,115, bolstered by concerns related to weather conditions and postponed sowing, which persist in influencing market sentiment. Sowing progress in Gujarat, a pivotal producing state, is experiencing sluggishness attributed to inconsistent rainfall, with the area as of December 8 estimated at 2.61 lakh hectares, slightly below last year’s figures. In various regions, agricultural fields remain inadequately prepared, leading to one of the most sluggish sowing seasons observed in recent years. Arrivals at the Unjha market remained subdued, with high-quality cumin fetching premium prices. Concurrently, logistical challenges and weather disruptions throughout India and the Middle East have exacerbated the constraints on near-term supplies. Nevertheless, the potential for price increases appears constrained by adequate carry-in inventories and subdued export demand.
Traders observed a decline in demand subsequent to the conclusion of the retail season, with international purchasing exhibiting price sensitivity, especially from Gulf nations and China. The prevailing export demands are predominantly satisfied through the utilization of current stockpiles. During the period from April to September 2025, jeera exports experienced a notable decline of 14.51% compared to the previous year. However, exports in September indicated both sequential and annual improvement.
It is estimated that farmers are currently holding approximately 20 lakh bags of cumin, with only 3–4 lakh bags expected to be traded by the end of the season, resulting in substantial carry-forward stocks. On the production front, estimates indicate that cumin output may decrease to approximately 90–92 lakh bags this year compared to 1.10 crore bags last year, a reflection of diminished sowing and adverse weather conditions. Reduced output forecasts from other producing nations have provided a degree of support, although global demand continues to be lackluster.
From a technical perspective, the market is experiencing short covering, evidenced by a 5.9% decline in open interest to 3,111, coinciding with a price increase of Rs 20. Jeera exhibits support at Rs 21,010; a breach beneath this level would initiate a test of Rs 20,910. Resistance is identified at Rs 21,180, and a breakthrough could propel prices toward Rs 21,250.