Raisin Prices Continue to Rise in Maharashtra

Raisin prices are rising steadily in Maharashtra, with rates currently ranging between $2,52 and $2,76 per kg in major markets like Sangli and Tasgaon. Traders expect these prices to reach $2,70 to $3,00 per kg before the new crop arrives in February-March. Limited stock is driving this increase, and both farmers and buyers are closely watching the market.

Limited Supply Push Prices Higher

A limited supply of raisins has tightened market conditions this season. Only 20–25 vehicles are arriving at auction centers each day because a small group of stakeholders is holding most of the stock. In October, prices ranged between $2,16 and $2,40 per kg, but strong demand and restricted arrivals have pushed prices higher.

Weather Conditions Reduce Production

Adverse weather earlier this season caused a sharp decline in raisin production. Farmers produced 160,000 to 170,000 tons of raisins, much less than last year’s 240,000 to 250,000 tons. In Maharashtra, current stock levels range between 35,000 and 40,000 tons, which is significantly lower than last year’s 40,000 to 45,000 tons. By February, stocks will likely drop further to 20,000 to 25,000 tons.

Farmers report that the current grape crop, which supplies raisins, is looking healthy. If the weather remains favorable, they expect the upcoming harvest to improve in both quality and quantity. Many farmers believe the new crop will help stabilize the market and ease price pressures by mid-2024.

Conclusion: A Market Under Pressure

Farmers and traders are managing tight supplies and rising prices while preparing for the next harvest. The market continues to face challenges, but the new crop’s arrival in February-March could rebalance supply and pricing. Until then, stakeholders remain cautious but hopeful for improvements in the coming months.





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