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Celery Prices Drop Due to Oversupply
Celery Prices Drop Due to Excess Stock
The celery market is seeing a decline in prices as excess stock and reduced demand weigh on the commodity. While celery’s demand typically increases in winter, current market conditions suggest no significant price rise until the arrival of the new harvest.Why Are Celery Prices Falling?
Excess stock among stockists has led to celery prices softening. Business sources reveal that stock levels remaincelery-prices-drop-oversupply high, while consumption has dropped in recent weeks. Traders expect no price rebound until January-February, when the new harvest enters the market.Last month, celery sales were relatively strong, but consumer demand has since weakened. Key growing states like Andhra Pradesh, Maharashtra, Gujarat, and Madhya Pradesh produce celery primarily for domestic use and export. However, with lower international demand, exports have also slowed, adding to the oversupply.
Current Market Prices
Here are the latest celery price trends:- Ajwain Javra: ₹14.500–15.000 per quintal (USD 0,17–0,18 per kg)
- Kurnool: ₹16.500–17.500 per quintal (USD 0,20–0,21 per kg)
- Jamnagar: ₹21.000–22.000 per quintal (USD 0,25–0,26 per kg)
Celery’s Sowing and Seasonal Dynamics
Farmers typically sow celery during August, completing the process by early September. The harvest period begins in January-February, making this a transitional phase where stock levels influence market behavior.Despite its culinary and medicinal applications—such as in anti-gas medicines—celery’s demand has softened. Lower international demand, especially in export markets like Pakistan and Indian diaspora communities, has also contributed to the weak prices.
Opinion and Recommendations
Looking ahead, celery prices are unlikely to recover until the new crop arrives in early 2024. For traders and buyers, this is a favorable time to stock up, as prices remain competitive due to high availability.For farmers, adjusting storage and marketing strategies can help offset the current glut. Exporters should also monitor global markets closely to seize any opportunities for sales growth as demand stabilizes.
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