Jeera concluded the trading session with an increase of 0.97%, reaching Rs. 27,470. This uptick was bolstered by heightened export demand, a contraction in both domestic and global supplies, and apprehensions regarding the potential effects of El Niño on rainfall patterns and agricultural yields. Gujarat has officially designated Jamnagar, Devbhumi Dwarka, Porbandar, and Kutch as districts experiencing scarcity, prompting apprehensions regarding water supply and agricultural planting opportunities. Market participants are closely observing acreage in Gujarat and Rajasthan, as insufficient soil moisture may influence planting decisions for the forthcoming season.
Domestic production is projected to be between 90 and 92 lakh bags this year, a decline from last year’s figure of 1.10 crore bags. This year’s output includes an estimated 42 to 45 lakh bags from Gujarat and 48 to 50 lakh bags from Rajasthan. Internationally, adverse weather has reportedly led to a reduction in China’s production estimates to 70,000-80,000 tonnes. In contrast, Syria, Turkey, and Afghanistan are projected to produce 9,000-10,000 tonnes, 10,000-11,000 tonnes, and 10,000-12,000 tonnes, respectively. However, expectations of stable-to-higher sowing acreage in Saurashtra and western Rajasthan, farmer stock liquidation, and improving production prospects in Turkey and Syria could constrain further gains.
India’s jeera exports experienced a decline of 19.7% year-on-year, totalling 11,667 tonnes in August 2026, in contrast to 14,532 tonnes recorded in the same month the previous year. Cumulative exports during April-August decreased to 65,128 tonnes, down from 87,558 tonnes in the same period last year. Additionally, annual exports from September 2025 to August 2026 experienced a decline of 17.4%, totalling 174,479 tonnes. In August, there was an uptick in shipments to the USA, Singapore, and Mexico, while exports to the UAE and Bangladesh experienced significant declines. Despite tightening supply expectations, subdued buying at Unjha APMC and cautious procurement by processors and stockists are constraining significant price increases.
In Unjha, spot prices concluded at Rs. 27,181.10, reflecting a marginal increase of 0.01%.Technically, the market is experiencing short covering, as open interest has decreased by 12.37% to 5,442 contracts, accompanied by a price increase of Rs. 265. Jeera is currently establishing a support level at Rs. 27,270; should prices fall below this threshold, they may test Rs. 27,070. Conversely, resistance is identified at Rs. 27,740, and a sustained movement above this point could lead to an upward extension toward Rs. 28,020.
