Bumper Crop and Ample Stock Push Prices Down

Fenugreek in Indian market prices are under pressure as a bumper crop is expected this season, coupled with leftover stock in the markets. Favorable weather conditions have supported the growth of fenugreek, and traders anticipate further price drops.

Fenugreek is typically sown between October and December, with harvesting occurring from March to April. This crop thrives in cold weather, making winter an ideal season for its growth. Rajasthan and Gujarat are the primary producing states, with new crops expected to hit the markets by April.

Crop Conditions and Harvest Timeline

Fenugreek plants begin flowering and bearing fruits within 60–90 days of sowing, and the crop is ready for harvest after an additional 30 days. The current weather conditions have been favorable, leading to expectations of a plentiful harvest this year.

Market Prices and Usage

Fenugreek seeds are available in different qualities, determined by the size and color of the grains. In the Khari Baoli market, the current prices are:

• Normal Quality: USD 0,768–0,828 per kg
• Good Quality: USD 0,888–0,924 per kg

Fenugreek seeds are widely used for culinary and medicinal purposes. In households, they are common in soups, chutneys, and spice blends, while in Ayurveda, they are valued for their benefits to digestion, heart health, and gynecological issues.

Low Export Demand and Limited Price Movement

While fenugreek seeds have significant domestic demand, particularly in Delhi markets, exports to foreign countries remain negligible. With high stock levels and robust crop expectations, there is little possibility of price increases in the near term.

Conclusion

The fenugreek seed market is facing a bearish trend due to abundant production and sufficient stock. While prices may remain low, the crop’s health benefits and widespread use in cooking and Ayurveda ensure continued demand across households and local markets.





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