Jeera prices exhibited an increase, closing at Rs 22,405, reflecting a rise of 2.4%. This uptick can be attributed to ongoing weather-related challenges and delays in sowing, which have bolstered market sentiment. Sowing progress in Gujarat, the principal producing state, has lagged considerably compared to last year, with acreage recorded at 3.24 lakh hectares by mid-December, representing a decline of nearly 14% year-on-year, attributable to irregular rainfall and inadequately prepared fields. Arrivals at Unjha remained notably low, while superior-quality cumin consistently commanded premium prices.

Supply tightness was further reinforced by logistical and weather disruptions across India and the Middle East. Nonetheless, the potential for growth is constrained by ample current inventories and weak export demand, as international purchasers, especially from the Gulf region and China, exhibit significant sensitivity to pricing. Traders observed that the existing export activity is primarily being satisfied by current inventories, whereas the end of the retail season has subdued new demand. On the supply front, it is estimated that farmers are holding approximately 20 lakh bags, with only 3–4 lakh bags expected to be traded before the end of the season, suggesting a carry-forward stock of around 16 lakh bags.

Production for the current season is anticipated to be between 90 and 92 lakh bags, a significant decline from last year’s 1.10 crore bags, primarily attributed to decreased sowing activities. Gujarat’s output is projected to be between 42 and 45 lakh bags, whereas Rajasthan’s production is anticipated to range from 48 to 50 lakh bags. Export performance continues to exhibit weakness, as shipments from April to October 2025 have declined by 13.21% compared to the previous year. In the Unjha spot market, prices declined by 0.51% to Rs 21,752.95.

From a technical perspective, the market is experiencing new buying activity, as evidenced by a 7.33% increase in open interest to 4,437, coupled with a price gain of Rs 525. Support is identified at Rs 21,550; a decline below this level may lead to a test of Rs 20,700. Conversely, resistance is established at Rs 22,900, with a breakout potentially driving prices toward Rs 23,400.