Jeera prices concluded the session down by 0.52% at Rs 19,055, influenced by the heightened influx of the new crop from major producing areas, which applied downward pressure on the market. Favourable weather conditions throughout North-West India allowed farmers to expedite their harvesting activities, leading to a significant surge in arrivals instead of a steady supply flow. Farmers have also expedited stock liquidation to raise capital for the approaching Kharif sowing season, contributing to increased selling pressure. Daily arrivals at the benchmark Unjha market continued to be high, hovering around 28,500 bags. This influx has led to a temporary supply surplus, which is exerting downward pressure on prices. Despite the decline, the downside remained constrained due to apprehensions regarding the availability of premium-quality produce.

Market participants reported shrinking supplies of bold and residue-compliant seeds, which continue to attract demand from European and North American buyers. Furthermore, industrial processors have begun to replenish inventories at prevailing price levels. Weather-related disruptions, such as unseasonal rains, thunderstorms, and hailstorms in Rajasthan, have impacted crop quality and heightened concerns regarding the availability of premium cumin. Reports indicate that the volume of premium Sortex-grade carry-forward stocks is lower than last year, which supports higher-quality segments of the market. Production estimates continue to be lower than those of the previous season.

National cumin production is projected to be approximately 90–92 lakh bags, which marks a notable decline from the previous year’s output of about 1.10 crore bags. Gujarat production is estimated at 42–45 lakh bags, while Rajasthan output is projected at 48–50 lakh bags. Decreased acreage, diminished yields, and the occurrence of disease outbreaks have played a significant role in the downturn. Concerns regarding global production, especially in China, have contributed to some foundational support for prices. Export performance exhibited a varied trend. March exports experienced a year-on-year decline of 15.54%, yet showed a notable improvement of 17.64% when compared to February.

This suggests a gradual recovery in buying interest. In the Unjha spot market, prices concluded at Rs 19,602.05 per quintal. From a technical perspective, the market is experiencing long liquidation, as open interest has decreased by 13.64% to 4,956 contracts, accompanied by a price drop of Rs 100. Jeera has immediate support at Rs 18,940, with further downside support at Rs 18,810. Resistance is observed at Rs 19,170, and a consistent move above this threshold may lead to further gains towards Rs 19,270.