Jeera prices experienced a slight increase of 0.06%, concluding at Rs 23,700, bolstered by weather-related disruptions and postponed sowing in major producing areas. Inconsistent precipitation has hindered agricultural readiness, resulting in Gujarat experiencing one of the most sluggish sowing periods observed in recent years. In Gujarat, jeera sowing has reached 3,98,438 hectares, reflecting a decline of 16.31% compared to last year’s figure of 4,76,097 hectares, which raises concerns regarding output for the current season. In Unjha, the volume of arrivals remains notably low, while high-quality cumin continues to attract premium prices. Logistical challenges and adverse weather conditions in India and the Middle East have further exacerbated supply tightness.
Nevertheless, the potential for price increases is constrained by ample current inventories and weak export demand. Market participants observed that the retail season has come to an end, and foreign purchasing interest continues to be subdued, as current export demands are predominantly satisfied by existing stock levels. It is estimated that farmers are currently holding approximately 20 lakh bags of cumin, with only 3–4 lakh bags expected to be traded before the end of the season.
This situation will result in a carry-forward stock of nearly 16 lakh bags. Jeera production for the current year is projected at 90–92 lakh bags, a significant decline from last year’s 1.10 crore bags, primarily attributed to a decrease in the sowing area. During the period from April to October 2025, exports experienced a year-on-year decline of 13.21%, indicative of subdued overseas demand, even in the context of reduced supplies from competing sources. In the Unjha spot market, prices experienced a decline of 0.69%, settling at Rs 22,602.1.
From a technical perspective, the market is experiencing renewed buying activity, as evidenced by a 10.92% increase in open interest to 5,211, accompanied by a Rs 15 price gain. Jeera exhibits a support level at Rs 23,600, with additional downside potential observed towards Rs 23,490. Resistance is positioned at Rs 23,810, and a breakout above this threshold may lead to a test of Rs 23,910.