Jeera concluded the trading session with an increase of 2.08%, reaching Rs. 26,255. This rise was bolstered by constrained nearby supply, heightened overseas purchasing interest, and apprehensions regarding diminished production in the ongoing season. Farmers have been withholding stocks in expectation of improved prices during the October sowing period, while the swift reduction in the availability of premium-quality bold seed has offered further support. Arrivals at key trading hubs, such as Unjha and Rajasthan, have begun to decline, yet the overall physical supply continues to exhibit a degree of stability.
India’s cumin production is projected to be between 90 and 92 lakh bags this season, a decrease from last year’s figure of 1.10 crore bags. The output from Gujarat is estimated to be between 42 and 45 lakh bags, while Rajasthan’s production is expected to range from 48 to 50 lakh bags. Adverse weather conditions have led to a downward revision of China’s production estimates to a range of 70,000-80,000 tonnes. In contrast, Syria, Turkey, and Afghanistan are projected to produce approximately 9,000-10,000 tonnes, 10,000-11,000 tonnes, and 10,000-12,000 tonnes, respectively. However, upside remains limited by farmer selling, rising warehouse stocks and cautious procurement by industrial spice processors, who continue to follow hand-to-mouth buying.
Enhanced production forecasts in Turkey and Syria could exert pressure on Indian export premiums, as geopolitical uncertainties in the Middle East persistently influence conventional trade dynamics. European and North American buyers have demonstrated a resurgence in interest for residue-compliant, high-quality lots. In terms of exports, India’s jeera shipments experienced a year-on-year decline of 19.7%, totalling 11,667 tonnes in August 2026. Cumulatively, shipments from April to August decreased to 65,128 tonnes, down from 87,558 tonnes in the same period the previous year. For the period spanning September 2025 to August 2026, exports experienced a decline of 17.4%, totalling 174,479 tonnes.
In Unjha, a significant spot market, prices concluded at Rs. 26,233.90, reflecting an increase of 0.23%. Technically, the market is experiencing short covering, as evidenced by a 5.73% decline in open interest to 7,851 contracts, accompanied by a price increase of Rs. 535. Jeera is currently establishing support at Rs. 25,840, with additional support at Rs. 25,430. Resistance is identified at Rs. 26,510; a sustained movement above this level may propel prices toward Rs. 26,770.
