Prices have touched Rs 27,000 a quintal from Rs 21,000 a fortnight ago
Ahmedabad: Cumin prices at Gujarat’s Unjha market have climbed to Rs 27,000 per quintal, their highest in a year, amid rising export demand and tightening global as well as domestic supplies. Industry experts have also flagged price increases in castor and mustard, with some agricultural commodities recording rises of around 30%, according to FISS. Concerns over weather conditions and limited water supply due to the El Niño phenomenon are adding to the upward price pressure in jeera.
Farmers may face troubles,” said Tejus Gandhi, chairman, FISS. “The El Niño phenomenon could affect agricultural output by influencing rainfall patterns and water availability, which could also lead to lower yield. Concerns and speculations over sowing in key cumin-growing regions are adding to uncertainty over supplies for the coming season. Unjha spice traders also flagged lower rainfall in cumin-growing areas of Rajasthan, where inadequate soil moisture and water availability could influence sowing decisions. The potential effect extends beyond cumin. You Can Also Check: Gold Rate in Ahmedabad | Silver Rate in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Ahmedabad AQI | Weather in Ahmedabad | Petrol Price in Ahmedabad | Diesel Price in Ahmedabad | CNG Price in Ahmedabad | LPG Price in Ahmedabad