News

Michael

May 14, 2025

Ajwain Market Analysis: Weather Woes, High Production, and Price Stability in Focus

Ajwain Market Analysis: Weather Woes, High Production, and Price Stability in Focus

The Ajwain market is currently navigating a complex landscape shaped by high production levels, weather-induced uncertainties, and cautious price movement. This season, Gujarat—India's primary Ajwain producer—is witnessing arrivals from its summer crop. While the total output is estimated to be double compared to last year, recent unseasonal rains have sparked concerns about a potential 10-15% crop loss. Despite this setback, the overall production, including a robust winter crop, remains significantly higher than previous years. Market arrivals have slowed due to the rains, but as conditions normalize, an influx of supply is expected, which could cap any rapid price increases. The current price range in Jamnagar stands at Rs. 1600-2800 per 20 kg, and FOB prices in New Delhi are marginally up week-on-week. The broader market sentiment remains cautious, with traders watching weather developments closely, especially as increased arrivals are likely to exert downward pressure on prices. For market participants, the interplay between weather recovery and high production will be key in shaping short-term strategies.

📈 Prices



🌍 Supply & Demand

  • Production Surge: Gujarat's summer crop production is estimated at 6-6.5 lakh bags, nearly double last year's 3-3.5 lakh bags. Winter crop production also rose to 1 lakh bags (vs. 70-80k last year).
  • Weather Damage: Recent rains may cause a 10-15% loss to the summer crop, slowing arrivals in the short term.
  • Other Regions: Rajasthan, MP, AP, and Maharashtra contribute mainly in winter; Gujarat uniquely has both summer and winter crops.
  • Market Arrivals: Current arrivals in Jamnagar are 800-1000 bags/day, below potential due to weather delays.

📊 Fundamentals

  • Stock Levels: Carryover stocks are moderate, but higher production could lead to ample availability post-weather recovery.
  • Speculative Positioning: Traders are holding back large purchases, anticipating further arrivals and possible price softening.
  • Demand: Domestic demand is steady but not robust enough to counteract the supply surge.

🌦️ Weather Outlook

  • Gujarat: Intermittent showers expected over the next 3 days, but intensity likely to decrease. Dry weather should resume, aiding harvest and market arrivals.
  • Impact: If dry weather persists, arrivals will increase, putting downward pressure on prices. Extended wet spells could exacerbate crop losses and tighten near-term supply.

🌏 Global Production & Stock Comparison



📆 Trading Outlook & Recommendations

  • Monitor weather developments in Gujarat closely; dry conditions will trigger higher arrivals and potential price declines.
  • Short-term price stability expected, but upside is capped by high production and anticipated arrivals.
  • Buyers should consider staggered purchases, taking advantage of any weather-related supply disruptions.
  • Producers may benefit from selling on weather-induced rallies, as broader supply will likely weigh on prices post-harvest.
  • Speculators: Avoid aggressive long positions until clear evidence of sustained crop damage or unexpected demand surge.

🔮 3-Day Regional Price Forecast



Note: Price direction will depend on weather normalization and the pace of arrivals in Gujarat.
cmb logo
This website uses cookies to ensure you get the best experience on our website. Learn more