Due to the firm news of Indian producer markets in fenugreek, the goods of small traders have been cut at a low price. Now the trend is gradually becoming bullish.

80% of fenugreek mainly for the country's consumption

Although fenugreek is produced in most of the states of North India, Rajasthan, Gujarat, and Madhya Pradesh make 80% of fenugreek mainly for the country's consumption. Its sowing was completed in November, and there has been a decrease of about 6-7% in fenugreek. The farmers have done more coriander and cumin sowing all around. Its crop will come in March-April.

On the other hand, in the Neemuch, Mandsaur, and Ratlam lines, the fenugreek supply has also reduced significantly in domestic shops. In contrast, the consumption of fenugreek in winter has increased in North India.

60% for medicinal

Fenugreek is used more in food items, and 60% is used by Ayurvedic companies for medicinal properties. The current week's gap has increased due to decreased arrivals from producer shops and the stock remaining significantly less in the local grocery market, indicating a bullish rally in the future. To conclude, buying by exporters may affect the market sentiment; thus, there is no fear of a decrease in fenugreek seeds in the next one or two days.

The fenugreek seed prices were recorded at $0,89 per kg FOB.