Jeera prices experienced an increase of 0.86 per cent yesterday, closing at Rs 21,035. This rise was bolstered by weather-related disruptions and delayed sowing, which have sustained a robust market sentiment. Sowing progress in Gujarat, a pivotal producing state, is lagging due to inconsistent rainfall, with an area of 3.24 lakh hectares reported as of 15 December 2025, reflecting a significant decline of 13.95 per cent compared to the previous year. In the Unjha spot market, the influx of arrivals remains notably low, with high-quality cumin fetching premium prices.
Logistical challenges and adverse weather conditions in India and the Middle East are exacerbating near-term supply constraints, thereby providing upward pressure on prices. Nonetheless, the potential for growth seems limited owing to ample current inventories and weak demand for exports. Market participants suggest that the retail season has come to an end, foreign purchasing activity is subdued, and existing export obligations are being satisfied from current stock levels. Farmers are projected to retain approximately 20 lakh bags, with only 3–4 lakh bags expected to be traded this season, resulting in a substantial carry-forward stock of about 16 lakh bags.
During the period of April to September 2025, export performance experienced a year-on-year decline of 14.51 percent, notwithstanding a month-on-month improvement in shipments observed in September. Current season production estimates are projected to be lower at 90–92 lakh bags compared to 1.10 crore bags last year, indicative of a reduced sowing area.
Meanwhile, overseas supply constraints have yet to result in a significant increase in demand for Indian cumin. From a technical perspective, the market is experiencing new buying activity, as evidenced by a 14.09 percent increase in open interest to 3,741, coupled with a price increase of Rs 180. Jeera exhibits support at Rs 20,750; a decline beneath this level could see prices approach Rs 20,450. Resistance is positioned at Rs 21,310, and a significant breach above this level may pave the way toward Rs 21,570.