Current scenario
The markets of Gujarat and Rajasthan in the last week remained up, as the demand was high at the beginning of the week. The market was in a bullish trend, but it saw a bearish trend as the days passed. This week again, Cumin market is up, compared to last week.
Prediction
Experts believe that there will be profit booking at higher rates as stockiest are keen to sell their goods. As the days pass, there’s a high possibility that the market will see a bullish trend.
Bottom line
Overall the market for Cumin is likely to rise as the sowing is more petite at 836925 hectares which is very less compared to 1239030 hectares in the previous year. Therefore, the prices are predicted to increase due to the upcoming shortage in supply.
Prices
Cumin A Grade 99% Pure stands at $3,03 per KG
Cumin A Grade 98% Pure stands at $2,89 per KG
Arrivals:
Total arrivals of the week: 525,70 tonnes, and the maximum was from Gujarat – 254,89 tonnes.
Cumin Sowing Data of Five Years
| YEAR | RAJASTHAN | GUJARAT | TOTAL | SHARE% | |
| AREA IN HECTARE | RAJASTHAN | GUJARAT | |||
| 2016-17 | 500140 | 278750 | 778890 | 64,21 | 35,79 |
| 2017-18 | 581360 | 382720 | 964080 | 60,3 | 39,7 |
| 2018-19 | 676240 | 349552 | 10257920 | 65,92 | 34,08 |
| 2019-20 | 779775 | 494238 | 1274013 | 61,21 | 38,79 |
| 2020-21 | 770000 | 469030 | 1239030 | 62,15 | 37,85 |
| 2021-22 | 529790 | 307135 | 836925 | 63,3 | 36,7 |
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