Due to good arrival and normal business, there is less possibility of heavy fluctuations in cumin

19-Mar-2025 08:36 PM

Cumin Market Update: Stable Prices Amid Good Supply

Current Market Scenario

• Increasing Supply: New cumin arrivals are rising in Gujarat and Rajasthan, keeping prices within a stable range.
• Limited Price Movement: Prices will likely fluctuate within a certain range unless domestic demand and exports rise significantly.

Arrival Trends

• Gujarat (Unjha Market):
  • Peak arrivals: 50,000-55,000 bags/day
  • Due to price softening, arrivals have slightly decreased.
  • Farmers, especially small & medium-scale, are selling quickly despite dissatisfaction with price levels.
• Rajasthan:
  • Daily arrival: 10,000-15,000 bags

Production & Sowing Trends

• Gujarat:
  • Sowing area down by 15.10% (4.77 lakh hectares vs. 5.61 lakh last season)
  • However, still 25% above the normal average (3.81 lakh hectares).
• Weather Impact:
  • No major adverse effects on cumin crops.
  • Some heat & lack of rain in parts of Rajasthan, but no significant crop damage.

Price Trends & Export Outlook

• Current Price Movements: ₹40-150 per 20 kg fluctuation in Unjha market.
• Export Market: Satisfactory performance due to:
  • Low stock availability in rival exporters like Syria, Turkey, and Afghanistan.
  • Political unrest in Syria, reducing expected cumin production there.

Outlook

• Short-term Price Stability: No major price jumps expected due to stable demand and supply.
• Long-term Prospects: If exports pick up further, cumin prices could see some upward movement.

Cumin farmers and traders should monitor export demand and global stock levels, which could influence future price trends.