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At Unjha market in Mehsana, Cumin Seed NCDEX quality prices were at Rs. 15650‐ 15750 per Quintal. Estimated market supply was about 4,000 Bags, unchanged compared to last trading day. Exporters were trying to bu..

29 Aug 2012

Good rains in Gujarat have dampened Jeera futures prices as it raises hopes of better sowing this season.
Gujarat has been receiving good rains and is expected to continue for the next 2-3 days, according to Indian Meteorological Department. The rains would improve the soil moisture required for sowing rabi crops. Jeera is a winter crop sown from October and farmers depend on rains to moisten the land for sowing.

At Unjha market in Mehsana, Cumin Seed NCDEX quality prices were at Rs. 15650‐ 15750 per Quintal. Estimated market supply was about 4,000 Bags, unchanged compared to last trading day. Exporters were trying to buy at lower prices level. At higher prices buyers were unresponsive in the domestic market owing to higher stocks with them.

Gujarat is the leading producer of Jeer a or cumin seed in the country. In the international market, Indian cumin seed one percent quoted at USD 3000 per ton (cnf) Singapore. Meanwhile, Turkey and Syria are not offering.


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