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Jeera cultivation reaches a pinnacle with a four-year high acreage surge in Gujarat and Rajasthan, driven by record prices and farmer enthusiasm. Gujarat witnesses a remarkable 160% increase, reaching 5.60 lakh hectares, while Rajasthan experiences a 25% boost to 6.90 lakh hectares. Despite recent price fluctuations and climate challenges, the global jeera market anticipates shifts in supply dynamics, with India poised for a potential bumper crop. Highlights Record High Acreage: Jeera (...
Spicing Up Success: Jeera Acreage Soars to 4-Year Highs, Unleashing Market Dynamics by Amit Gupta, Kedia Advisory
Below on Jeera Futures Surge Amid Supply Concerns and Export Challenges By Amit Gupta Research Support,Kedia AdvisoryJeera futures are on the rise, gained nearly 8.50% in last 4 session to settled at 57650, due to renewed buying amidst tight supplies at the physical market, driven by anticipation of the new crop still five months away. While stockists capitalize on recent price falls, concerns linger over subdued exports, with seasonal patterns indicating a continued downturn. Unfav...
Jeera Futures Surge Amid Supply Concerns and Export Challenges By Amit Gupta, Kedia Advisory
Jeera (Cumin): A Spicy Saga of Supply and DemandJeera, or cumin, is an essential ingredient in Indian and many global cuisines. Over the past couple of years, Jeera prices have been on a relentless upward trajectory, scaling all-time records. The root cause of this price surge can be traced back to two consecutive years of inadequate crops. In 2023, Jeera yields were especially disappointing, dealing a severe blow to the industry. The proverbial straw that broke the camel's back, however, was...
Jeera (Cumin): A Spicy Saga of Supply and Demand By Amit Gupta, Kedia Advisory
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