Market Arrivals and Prices Behavior of Cumin in India

Abstract

Present study analyse the market arrivals and price behaviour of cumin in major markets in Rajasthan and Gujrat, using Central Moving Average method from January, 2008 to December, 2019. The markets were choose based on the maximum arrivals in both the states. Study highlights the significant increase in prices of cumin and higher degree of seasonality in arrivals than prices. Throughout study period44 per cent of annual arrivals sold within three months of harvesting i.e. March, April and May when prices prevails almost five per cent below average. The arrivals were 18.56, 19.65 and 17.99 per cent in the second, third and fourth seasons, respectively when prices were 2.07, 1.49 and 0.92 percent higher than annual average. The correlation between monthly prices and arrivals in the corresponding months was found negative in three (Kekri, Rajkot and Gondal) out of five studied markets, indicates the inverse relationship between prices and arrivals. Jodhpur and Medta city mandis are growing in term of arrivals for cumin seeds.