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Key Takeaway
- Market Price Driving Factors: The price of Cumin – Unjha is influenced by domestic cumin production, acreage, seasonal arrivals, crop conditions, and the availability of quality cumin seed. Key demand drivers include domestic consumption, spice-processing demand, export requirements, and buying activity from traders, processors and exporters. Quality parameters such as seed size, colour, purity, cleanliness, moisture content, aroma and essential-oil content can create significant price differentials. Weather conditions, farmer selling patterns, inventory levels, stock availability, prices in major producing markets, international cumin prices, export demand, competing origins, transportation costs and currency movements can further influence market sentiment and contribute to price volatility.
About This Dataset
Cumin (Unjha) refers to cumin seed traded in the Unjha market of Gujarat, one of India's major trading and processing centres for cumin and other spices. The quoted value represents the monthly average domestic market price in ₹/kg and serves as an indicative benchmark for cumin price trends in the Unjha market. Prices may vary depending on quality, grade, origin, cleanliness and prevailing market conditions.
Methodology
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