Weekly Review-Cumin

30-Aug-2025 07:51 PM

No possibility of decline in current prices of cumin

New Delhi. During the current week, there was a decline in the prices of cumin, but sources say that currently the prices have come down to their lowest level. There is no possibility of decline in current prices. Because on one hand the arrival in the markets has remained low. On the other hand, export demand will also improve during the month of September. Traders believe that due to the supply of most of the crop of Turkey and Syria, the supply of foreign cumin in the international markets will start decreasing in the coming days. Due to which Indian cumin will improve.
During the current season, there are reports of less production of cumin not only in the country but also from abroad as compared to last year. Trade sources believe that this year the cumin production in China is estimated to be around 75/80 thousand tons. Whereas there are reports of production in Syria being 9/10 thousand tons and production in Turkey being 10/11 thousand tons. Production in Afghanistan is also believed to be 10/12 thousand tons. In India too, this year cumin production is being estimated to be 90/95 lakh bags, which is about 15/18 lakh bags less than last year.
Arrival
Due to most of the total production coming to the markets, the arrival of farmers' produce in the markets has started decreasing. Sources believe that till now the total arrival of cumin in the markets of Gujarat has been 38/39 lakh bags. Whereas the total production was estimated to be 44/45 lakh bags. In Rajasthan, the production of cumin during the current season is believed to be 48/50 lakh bags and till now the total arrival is reported to be 28/30 lakh bags. Currently, the daily arrival of cumin in the main market Unjha is 7/8 thousand bags. Whereas in Merta and Nagaur markets of Rajasthan, the arrival is going on at 1000/1200 bags.
Slow-Rise
Knowledgeable sources say that currently the export price of cumin is Rs. 3900 per 20 kg. There is no possibility of slowdown in the current prices. In the coming days, if the export demand emerges, then the prices may rise. Sources believe that during the month of September, the export price of cumin will cross the level of Rs. 4000. During the current week, the prices of cumin were quoted with a slowdown in the spot and futures market. During the current week, the prices of cumin were slow by Rs. 200/300 per quintal in the consumption centers along with the markets of the production centers. The prices closed with a slowdown in the futures market as well. In the futures market, the cumin of the month of September opened at Rs. 19640, which closed at Rs. 19290 at the end of the week. The cumin of the month of October closed at Rs. 19475 at the end of the week, whereas the price opened at Rs. 19980 at the beginning of the week.
Exports
Due to weak export demand, cumin exports declined by 19 percent in the first three months of the current season 2025-26. Due to low export prices, income decreased by 28 percent. According to the information received, during April-June - 2025, cumin exports were 62860.74 tonnes and the income from exports was Rs 1514.61 crore. Whereas in April-June-2024, cumin exports were 78086.27 tonnes and the income from exports was Rs 2097.47 crore.
It is noteworthy that during the year 2024-25 (April-March), cumin exports were 229881.67 tonnes and the income from exports was Rs 6178.86 crore. In the year 2023-24, the exports stood at 165269.45 tonnes and the export earnings stood at Rs 5797.23 crore.