Jeera prices concluded at Rs 19,465, reflecting a decline of 1.49%, as increased arrivals of the new crop from key producing areas in Rajasthan alleviated previous supply concerns. Favorable weather conditions across North-West India facilitated a quicker completion of harvesting by farmers than initially expected, leading to a pronounced increase in supply rather than staggered arrivals. Farmers maintained a vigorous pace of stock liquidation to enhance liquidity in anticipation of the Kharif sowing season, thereby intensifying selling pressure within the market. Daily arrivals at the Unjha mandi sustained a high level of approximately 28,500 bags, resulting in a discernible supply surplus that is exerting downward pressure on prices.

Nevertheless, 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 harvesting period, leading to concerns regarding the diminished availability of premium “A-grade” cumin. Unseasonal rains have resulted in delays in drying and processing activities, leading to a temporary tightening of quality supplies. Stocks of high-quality “Sortex” grade jeera available for carry-forward are reportedly lower than the previous year, which is contributing to premium pricing in physical markets. Production in Gujarat is projected to decrease by approximately 27% this season, attributed to diminished acreage and lower yields.

Additionally, the presence of blight disease in critical producing areas has adversely affected both crop quality and overall output. Market sentiment remained bolstered by anticipations of heightened Chinese demand for inventory replenishment. National cumin 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. During the period from April to February 2026, jeera exports experienced a year-on-year decline of 15%, totaling 166,536 tonnes. However, February exports saw a notable increase of 39% when compared to January levels, suggesting a positive trend in export activity.

From a technical perspective, the market experienced renewed selling pressure, evidenced by a 6.14% rise in open interest, which settled at 10,938, alongside a price decline of Rs 295. Jeera is experiencing support at Rs 19,360; a decline below this level could see prices testing Rs 19,260. Conversely, resistance is identified at Rs 19,610, with a breakout above this threshold potentially leading to a test of Rs 19,760.