Jeera prices concluded at Rs 19,760, reflecting a decline of 1.4% due to heightened arrivals of the fresh crop from key producing areas in Rajasthan, alleviating previous worries regarding supply constraints. Favorable weather conditions in North-West India enabled farmers to expedite the harvesting process, leading to a significant increase in supply rather than a gradual influx into the market. Farmers have persisted in their aggressive stock liquidation efforts to enhance liquidity in anticipation of the forthcoming Kharif sowing season, thereby contributing to ongoing selling pressure. Daily arrivals at Unjha mandi sustained a high level of approximately 28,500 bags, resulting in a noticeable supply surplus that is impacting market sentiment negatively.

Nonetheless, the downside was constrained by apprehensions regarding crop quality and diminished production forecasts. Recent thunderstorms and hailstorms in Rajasthan have reportedly inflicted damage on standing crops during the harvest stage, heightening concerns regarding the diminished availability of premium “A-grade” cumin. Unseasonal rainfall has resulted in delays in drying and processing activities, leading to a temporary constriction in the availability of quality produce. Market participants observed that the carry-forward stocks of high-quality “Sortex” grade jeera are considerably diminished relative to the previous year, thereby underpinning elevated premium prices.

Production estimates for Gujarat indicated a decline of nearly 27%, attributed to reduced acreage and diminished yields, with blight disease in various producing regions exacerbating the decline in crop quality. National jeera production for the current season is projected to be between 90 and 92 lakh bags, a decrease from last year’s figure of 1.10 crore bags. The anticipation of heightened Chinese demand for inventory replenishment has further bolstered the overall market outlook. During the period from April to February 2026, jeera exports experienced a year-on-year decline of 15%, totaling 166,536 tonnes. Notably, exports in February increased by 39% in comparison to January.

From a technical perspective, the market experienced renewed selling pressure, evidenced by a 6.28% rise in open interest to 10,305, alongside a price decline of Rs 280. Jeera is currently finding support at Rs 19,610; a decline below this level could see prices testing Rs 19,440. Conversely, resistance is identified at Rs 20,000, and a breakthrough above this threshold may lead to a test of Rs 20,220.