Jeera prices concluded with a slight increase of 0.08% at Rs 19,955, as the market found equilibrium between the influx of new arrivals and ongoing worries regarding limited quality supplies. Heightened arrivals from significant producing regions in Rajasthan have persisted in exerting downward pressure on prices, following favorable weather conditions that have expedited harvesting activities throughout North-West India. Farmers continued to engage in selling activities to enhance liquidity in anticipation of the Kharif sowing season, leading to a short-term increase in supply within spot markets.

Daily arrivals at Unjha mandi sustained a high level of approximately 28,500 bags, indicating sufficient near-term supply and constraining significant upward momentum. Nonetheless, the decline in prices has been limited due to crop damage resulting from recent thunderstorms and hailstorms in Rajasthan during the harvest period, which has heightened concerns about the reduced availability of premium “A-grade” quality cumin. Unseasonal rains have also impeded drying and processing activities, thereby constraining the availability of high-quality “Sortex” grade stocks.

Market sentiment remained buoyed by anticipations of renewed Chinese purchasing demand alongside reduced overall domestic production forecasts. Current estimates indicate that India’s cumin production could decrease to approximately 90–92 lakh bags this season, down from 1.10 crore bags in the previous year. The output from Gujarat is projected to be between 42–45 lakh bags, while Rajasthan’s production is expected to range from 48–50 lakh bags. Export data indicated a decline, as jeera exports for the period of April to February 2026 decreased by 15% compared to the previous year, totaling 166,536 tonnes.

The market is currently experiencing new buying activity, evidenced by a 12.07% increase in open interest, which has settled at 7,467, alongside a price increase of Rs 15. Jeera is currently establishing a support level at Rs 19,830; a decline beneath this threshold could see prices approach the Rs 19,700 mark. Resistance is identified at Rs 20,070, and an advance beyond this threshold may propel prices toward Rs 20,180.