Jeera prices experienced a decline of 0.7%, settling at Rs 23,535, influenced by ample supplies and weak export demand in the context of sufficient existing stocks. Export interest continues to be lackluster, as current international demand is primarily satisfied through existing inventories. In the physical market, Unjha prices declined by 0.64% to Rs 22,534.55, indicative of subdued demand following the end of the retail season and ongoing hesitance among international purchasers. Furthermore, the Diwali holidays in major markets influenced arrivals, leading to a decline in trade activity.

Nevertheless, the adverse effects were constrained owing to postponed planting and meteorological challenges. In Gujarat, the area dedicated to jeera sowing is recorded at 3,98,438 hectares, reflecting a decline of 16.31% compared to the previous year. This downturn signifies one of the slowest sowing seasons observed in recent years, attributed to inconsistent rainfall that has resulted in unprepared fields. Limited arrivals at Unjha, coupled with elevated prices for high-quality cumin, are providing a foundation of support.

Export demand from Gulf countries and China has exhibited slight enhancement, although it continues to be sensitive to price fluctuations. On the supply front, production is projected to be between 90 and 92 lakh bags this season, a notable decline from last year’s figure of 1.10 crore bags. The output from Gujarat is anticipated to be in the range of 42 to 45 lakh bags, while Rajasthan’s production is expected to fall between 48 and 50 lakh bags.

Globally, diminished output in China, Syria, Turkey, and Afghanistan provides a degree of support; however, sluggish export demand from India limits potential gains. During the period from April to October 2025, exports experienced a decline of 13.21% compared to the previous year. The market is experiencing renewed selling pressure, accompanied by a 6.22% increase in open interest. Support is identified at Rs 23,380, with potential further decline to Rs 23,220. Resistance is positioned at Rs 23,770, and a breach above this level may challenge Rs 24,000.