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Cumin seed, an essential spice in Indian kitchens, is widely used in almost every household. Its increasing demand and production have made it a significant agricultural product. The latest data from September 11, 2024, indicates significant variations in cumin seed prices across various markets in Gujarat. These differences are based on the quality, type, and market demand of cumin seeds. In this article, we will discuss the current prices of cumin seeds in key markets of Gujarat and understand the factors influencing these prices.
Unjha Market is considered the most prominent market in Gujarat, where the highest quantity of cumin seeds is traded. On September 11, 2024, the arrival of cumin seeds in Unjha was recorded at 603.62 tons. The minimum price for cumin seeds in this market was ₹20,500 per quintal, while the maximum price reached ₹26,500 per quintal. The modal price was ₹23,850 per quintal, indicating stable and favorable cumin seed prices in this market.
Cumin Seed Prices in Various Markets of Gujarat:
Mandi Name | Arrival (in Tons) | Variety | Minimum Price (₹/Quintal) | Maximum Price (₹/Quintal) | Modal Price (₹/Quintal) |
Unjha | 603.62 | Cummin Seed (Jeera) | ₹ 20,500 | ₹ 26,500 | ₹ 23,850 |
Vankaner | 8.4 | Other | ₹ 20,000 | ₹ 23,610 | ₹ 21,750 |
Vav | 4.99 | Other | ₹ 15,000 | ₹ 23,955 | ₹ 22,125 |
Tharad | 17.8 | Other | ₹ 19,000 | ₹ 24,000 | ₹ 21,500 |
Radhanpur | 25.8 | Medium | ₹ 16,900 | ₹ 24,005 | ₹ 22,500 |
Rajkot | 90 | Cummin Seed (Jeera) | ₹ 20,750 | ₹ 23,565 | ₹ 22,250 |
Gondal | 78.6 | Cummin Seed (Jeera) | ₹ 15,005 | ₹ 24,405 | ₹ 22,655 |
Halvad | 35.8 | Other | ₹ 20,000 | ₹ 24,090 | ₹ 23,250 |
Harij | 39 | Other | ₹ 21,500 | ₹ 23,855 | ₹ 22,670 |
Jam Khambalia | 27.9 | Other | ₹ 21,500 | ₹ 23,505 | ₹ 22,750 |
Jasdan | 35 | Cummin Seed (Jeera) | ₹ 20,250 | ₹ 23,500 | ₹ 22,750 |
Junagadh | 22 | Cummin Seed (Jeera) | ₹ 19,750 | ₹ 22,750 | ₹ 21,800 |
Mandal | 8.2 | Other | ₹ 22,255 | ₹ 23,855 | ₹ 23,000 |
Morbi | 9.5 | Cummin Seed (Jeera) | ₹ 21,500 | ₹ 23,100 | ₹ 22,300 |
Viramgam | 0.03 | Other | ₹ 21,405 | ₹ 22,580 | ₹ 21,992 |
Visavadar | 0.6 | Other | ₹ 20,125 | ₹ 22,105 | ₹ 21,115 |
As of September 11, 2024, cumin seed prices in different markets of Gujarat show considerable variations. These differences are primarily due to the type, quality, and availability of cumin seeds in the respective markets. For example, the maximum price of cumin in Unjha Market reached ₹26,500 per quintal, while in other markets, the prices ranged from ₹15,000 to ₹24,405 per quintal.
Future Price Forecast: Cumin seed prices may rise in the coming days, especially if production decreases and exports increase. Weather conditions also play a crucial role in influencing cumin seed prices, as favorable weather supports a good crop yield.