Fenugreek Seed Prices Surge as Indian Farmers Struggle with Delays
Unpredictable Weather Delays Sowing, Prices Climb
Unseasonal rains and waterlogged fields have caused significant delays in sowing fenugreek seeds, pushing prices higher as farmers face ongoing challenges. Typically, fenugreek seeds are harvested in August and September, but this year's weather has disrupted the usual schedule. The delays are now affecting the sowing process, which usually happens in October or November.Fenugreek: A Kitchen Staple with Growing International Appeal
Grown across key Indian states like Madhya Pradesh, Rajasthan, Maharashtra, and Bikaner, fenugreek seeds are a cornerstone of Indian cuisine. Beyond adding flavor and aroma to dishes, fenugreek seeds offer various health benefits, from improving digestion to supporting skin and hair health. Their medicinal properties have gained recognition internationally, boosting demand from global markets.Global Demand Rises as India’s Fenugreek Exports Boom
Fenugreek seeds are in high demand globally, especially in markets like the U.S., Europe, and Southeast Asia. Indians living abroad are driving much of this demand. While exports are rising, India remains self-sufficient in its fenugreek production, without the need for imports to meet domestic and international requirements.What’s Next for Fenugreek Prices?
- At the moment, common fenugreek seeds are priced between USD 0,79-0,85 per kg, reflecting an increase of USD 0,024-0,060 per kg.
- Fine-quality fenugreek seeds have seen a similar rise, with prices now ranging from USD 0,90-0,97 per kg, up by USD 0,036-0,060 per kg.
Conclusion: Fenugreek Prices Likely to Climb Further
With continued delays in both harvesting and sowing, coupled with growing global demand, fenugreek seed prices are expected to remain high in the near future. Traders and farmers should prepare for further price increases as market supply remains tight.Click here to reach our trading platfrom CMBroker