Jeera Prices

Experts are saying the slump could be due to expectations of a bumper crop this year. Farmers had sown the crop in a larger area after prices hit multi-year highs last year

The government's production estimates though are much higher on jeera than what traders and market experts said

The rally has been primarily driven by a demand and supply shortage while some traders said speculation is also playing a part

Some experts expect the crop size to be even lower at just 5 million bags, which has created a panic in the market

For farmers though, this wild fluctuation in prices in the last few months is doing more harm than good

Mustard seed prices are expected to trade with a downward bias in the coming days

Sugar is trading at Rs 3,287 per quintal in Kolhapur, Jeera prices in Unjha are trading at Rs 17,320 per quintal

Ample stocks position following higher supplies from the producing belts too fuelled the downtrend

Spice for delivery in September contracts declined by Rs 205, or 1.10%

Spice for delivery in September contracts edged higher by Rs 80, or 0.44%

Spice for delivery in September contracts trading higher by Rs 155 or 0.84%

Chinese demand boosts the exports from India