We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry.
We focus on grains and food industry. current time
Jeera Finds Support on Tight Premium Supplies, But Upside Stays Capped
Jeera prices moved higher on Monday, with the commodity settling 0.48% up at ₹20,835 on the back of tightening supplies of premium-quality bold seeds. Arrivals at major producing and trading centres such as Unjha and Rajasthan have started to slow, while supplies suitable for export are shrinking at a faster pace. Disease outbreaks in important growing areas of Gujarat have also affected crop quality and reduced the quantity available for harvesting.
Production prospects remain weaker than last year. Domestic jeera output is estimated at 90–92 lakh bags this season, compared with around 1.10 crore bags previously. Gujarat is expected to contribute about 42–45 lakh bags, while Rajasthan could produce 48–50 lakh bags. Global supply is also facing pressure, particularly from China, where unfavourable weather has lowered production expectations to 70,000–80,000 tonnes. Syria, Turkey and Afghanistan are estimated to produce around 9,000–10,000 tonnes, 10,000–11,000 tonnes and 10,000–12,000 tonnes respectively.
Despite these supply concerns, the market has struggled to build strong upward momentum. Farmers are releasing stocks to finance Kharif sowing, while higher inventories in NCDEX warehouses have eased immediate buying pressure. Spice processors and large grinders are also avoiding aggressive procurement and are largely purchasing only according to immediate requirements. Better crop expectations in Turkey and Syria have further reduced the premium enjoyed by Indian jeera in export markets.
Export demand remains mixed. Buyers from Europe and North America have shown renewed interest in residue-compliant and higher-specification consignments, but overall shipments remain below last year’s levels. India’s jeera exports fell 34% year-on-year to 10,713 tonnes in June 2026, while exports during April-June declined 25% to 44,144 tonnes. Increased shipments to Singapore, Oman and Argentina provided some support but were insufficient to offset the wider decline.
At Unjha, spot prices slipped 0.12% to ₹20,534.4. From a technical perspective, the market is showing signs of short covering, with open interest falling 0.81% to 9,180 as prices advanced ₹100. Immediate support is seen at ₹20,730 and ₹20,610, while ₹20,910 remains the key resistance. A decisive move above this level could take prices towards ₹20,970.
