📊 Comprehensive Market Analysis: Cumin's Current Landscape and Future Prospects

As we delve into April 2025, the cumin market presents a blend of stability and potential volatility. Currently, cumin prices are holding steady at USD 3.13 per kg, with market conditions influenced by lower yields in major producing regions like Rajasthan and Gujarat due to crop damage. This year's production is estimated at 70–75 lakh bags, supplemented by a carryover stock of 20 lakh bags from the previous season.

Despite the challenges, there is a silver lining as export demand is expected to pick up post-Ramadan, with significant interest from Gulf countries and emerging opportunities in China. The domestic market remains robust, supported by local stockists and distributors. Analysts suggest a possible price fluctuation in the near term, predicting an increase of up to USD 0.06 per kg or a decrease by USD 0.13 per kg, depending on market dynamics.

📈 Market Data and Trends

📉 Key Market Drivers

• Lower yields in Rajasthan and Gujarat due to crop damage.
• Stable domestic demand with increasing export opportunities.
• Price sensitivity to supply pressures and domestic demand fluctuations.

⛅ Weather Forecast: Impact on Harvest

Weather conditions in Gujarat and Rajasthan are expected to be predominantly dry with occasional light showers, which may not significantly alleviate the stress on cumin crops. This could sustain the current supply constraints, potentially supporting prices if export demand strengthens as anticipated.

🔮 Price Forecast: Next 3 Days