Jeera prices concluded with a decline of 0.59% at Rs 20,220, influenced by heightened arrivals of the new crop from key producing areas in Rajasthan. Favorable weather conditions across North-West India facilitated accelerated harvesting activities, leading to a significant increase in market arrivals and alleviating prior supply concerns. Farmers persisted in their stock liquidation efforts to enhance liquidity in anticipation of the forthcoming Kharif sowing season, thereby sustaining selling pressure in physical markets. Daily arrivals at Unjha mandi persisted at a high level of approximately 28,500 bags, resulting in transient oversupply conditions that exerted downward pressure on prices. Export demand continued to be lackluster, as jeera exports from April to February 2026 fell by 15% to 166,536 tonnes relative to the corresponding period of the previous year.

Nevertheless, the potential for decline was constrained by apprehensions regarding crop quality in significant producing areas. Recent thunderstorms and hailstorms in Rajasthan have adversely affected standing crops at the harvesting stage, leading to apprehensions regarding the diminished availability of premium-grade jeera. Unseasonal rains have resulted in delays in drying and processing activities, which has temporarily impacted the influx of quality supplies into mandis. Market participants observed that carry-forward stocks of high-quality “Sortex” grade jeera are diminished relative to the previous year, which has sustained premium pricing.

Production estimates continued to reflect a downward trend due to diminished acreage and subpar yields. Industry estimates indicate that total cumin production this season could decrease to 90-92 lakh bags, compared to 1.10 crore bags in the previous year. Gujarat’s production is estimated to be between 42 and 45 lakh bags, whereas Rajasthan’s output is projected to range from 48 to 50 lakh bags. Reduced crop forecasts in China, attributed to unfavorable weather conditions, alongside anticipated new buying interest from China, bolstered overall market sentiment.

In Unjha spot markets, jeera prices concluded at Rs 20,301.70, reflecting a decline of 0.64%. From a technical perspective, the market continued to experience long liquidation, evidenced by a 4.62% decrease in open interest to 6,252, alongside a price decline of Rs 120. Jeera exhibits immediate support levels at Rs 20,130 and Rs 20,040, with resistance identified at Rs 20,350, subsequently followed by Rs 20,480.