Jeera settled 1.26% higher at Rs 22,825, bolstered by a swift contraction in the availability of premium-quality bold seeds, as export-grade, high-purity lots are diminishing more rapidly than the overall physical supplies. Daily arrivals at major markets, including Unjha and Rajasthan, have begun to decline, as European and North American buyers have resumed their interest in residue-compliant and high-specification lots. However, gains remain limited by proactive selling from farmers in anticipation of the upcoming season, favourable weather conditions that have expedited harvesting and drying processes, and a consistent increase in NCDEX warehouse inventories.
Large spice grinders persist in a hand-to-mouth procurement strategy instead of engaging in bulk purchases, while domestic processors and stockists exhibit caution regarding forward coverage. Blight outbreaks in certain regions of Gujarat have negatively impacted crop quality and the quantities available for harvest. However, the improving production outlook in Turkey and Syria could exert pressure on Indian export premiums. Current estimates indicate that India’s cumin production is projected to be between 90 and 92 lakh bags, a decrease from last year’s figure of 1.10 crore bags. Specifically, production in Gujarat is estimated to range from 42 to 45 lakh bags, while Rajasthan’s production is anticipated to be between 48 and 50 lakh bags.
Outside India, China’s production is projected to be in the range of 70,000-80,000 tonnes, influenced by unfavourable weather conditions. In contrast, Syria, Turkey, and Afghanistan are anticipated to yield approximately 9,000-10,000, 10,000-11,000, and 10,000-12,000 tonnes, respectively. India’s jeera exports experienced a significant decline of 32% year-on-year, totalling 9,318 tonnes in July 2026. Furthermore, cumulative exports for the period from April to July decreased by 27%, amounting to 53,462 tonnes compared to 73,026 tonnes during the same timeframe last year. Singapore’s exports experienced a remarkable increase of 889%, reaching 2,842 tonnes, while Libya saw a substantial rise of 450%, totalling 341 tonnes. However, cumulative exports to China fell sharply by 88%, down to 710 tonnes, which constrained the overall growth in exports.
In Unjha, spot prices concluded at Rs 22,269.55, reflecting an increase of 0.37%. From a technical perspective, the market is experiencing short covering, as evidenced by a 6.53% decline in open interest to 4,809, accompanied by a price increase of Rs 285. Jeera is currently finding support around Rs 22,570, and a breach of this level may lead to a decline toward Rs 22,300. On the upside, resistance is positioned around Rs 23,000, and a sustained movement above this threshold could propel prices toward Rs 23,160. Jeera experiences an uptick as the swiftly constricting supply of high-quality bold seeds bolsters prices.
