Jeera concluded the trading session with a 0.25% increase, reaching Rs. 27,620. This uptick was bolstered by a rise in export demand, alongside a contraction in both domestic and global supplies. Additionally, apprehensions regarding weather patterns and restricted water resources attributed to the El Niño phenomenon contributed to the price movement. Minimal Syrian supplies have led to an uptick in demand for Indian cumin, while China’s growing domestic cultivation has diminished its need for imports. Gujarat has designated Jamnagar, Devbhumi Dwarka, Porbandar, and Kutch as districts affected by scarcity, prompting apprehensions regarding agricultural productivity and water resources.
Uncertainty regarding rainfall and soil moisture in crucial cumin-producing areas of Rajasthan and Gujarat is impacting sowing expectations for the forthcoming season. However, elevated prices, anticipations of stable-to-increasing acreage in Saurashtra and western Rajasthan, along with proactive farmer selling to secure cash flow in advance of the upcoming season, are constraining the potential for further gains. Estimates indicate that India’s cumin production may decrease to 90-92 lakh bags, down from 1.10 crore bags in the previous year. Production in Gujarat is projected to be between 42-45 lakh bags, while Rajasthan’s output is expected to range from 48-50 lakh bags. Meanwhile, enhanced production prospects in Turkey and Syria may elevate global availability and exert pressure on Indian export premiums.
India’s jeera exports experienced a decline of 19.7% year-on-year, totalling 11,667 tonnes in August 2026, a decrease from 14,532 tonnes 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. Shipments to the USA, Singapore, and Mexico experienced an uptick, whereas exports to the UAE and Bangladesh saw notable decreases. On a broader annual basis, exports experienced a decline of 17.4%, totalling 174,479 tonnes during the period from September 2025 to August 2026.
In Unjha, a significant spot market, prices experienced a slight uptick of 0.01%, reaching Rs. 27,181.10. Technically, the market is experiencing short covering, as evidenced by a 3.84% decline in open interest to 4,278 contracts, accompanied by a price increase of Rs. 70. Jeera is presently encountering support at Rs. 27,560, with an additional level of support at Rs. 27,490, while resistance is established at Rs. 27,720. A sustained move above this level could extend the recovery toward Rs. 27,820.
