Jeera prices experienced a decline of 1.75%, settling at Rs 19,330, influenced by substantial fresh crop arrivals and ongoing selling pressure from producing regions. Increased arrivals from major Rajasthan hubs alleviated previous supply concerns, as favourable weather conditions facilitated harvesting activities to advance more swiftly than anticipated. Farmers actively released stocks to generate liquidity ahead of the Kharif sowing season, resulting in a temporary supply glut in physical markets. Daily arrivals at Unjha mandi persisted at a high level of approximately 28,500 bags, exerting pressure on overall sentiment.
Despite the observed weakness, the downside appeared constrained, attributable to apprehensions regarding crop quality and diminished overall production estimates. Recent thunderstorms and hailstorms in Rajasthan have adversely affected standing crops at the harvesting stage, leading to a diminished supply of premium “A-grade” quality jeera. Unseasonal rains across North-West India have resulted in delays in drying and processing activities, leading to intermittent supply disruptions. Market participants noted that carry-forward stocks of high-quality “Sortex” grade jeera are diminished relative to the previous year, which is bolstering premium prices in certain grades.
Production estimates persistently suggest a contraction in long-term supplies. Industry estimates indicate that total domestic production this season could decrease to 90–92 lakh bags, down from 1.10 crore bags in the previous year. Gujarat production is projected to be in the range of 42 to 45 lakh bags, whereas Rajasthan’s output is anticipated to hover around 48 to 50 lakh bags. Decreased acreage, diminished yields, and outbreaks of blight disease in Gujarat have adversely affected crop quality and productivity. Anticipations of robust purchasing demand from China starting in mid-April persist in bolstering medium-term market sentiment.
Export data indicated that jeera exports for the period of April to February 2026 experienced a decline of 15%, totalling 166,536 tonnes in comparison to the previous year. Technically, the market experienced long liquidation, with open interest declining by 0.32% to reach 10,290 lots. Jeera maintains support levels at Rs 19,120 and Rs 18,900, with resistance identified at Rs 19,590, subsequently followed by Rs 19,840.