Raisin Prices Surge Due to High Demand and Tight Supply

Raisin prices have been climbing steadily over the last few weeks, driven by strong seasonal demand and reduced supply from major production areas. In the past 15–20 days, prices have increased by USD 0,30–0,36 per kg, with current rates reaching USD 2,70–3,00 per kg. Industry experts believe prices could rise even further, possibly hitting USD 3,30–3,60 per kg as stocks continue to shrink.

Supply Drops in Key Regions

Farmers in major raisin-growing areas like Pandharpur, Sangli, and Nashik in Maharashtra, along with Bijapur in Karnataka, have reported lower production this season. Estimates suggest a 10–15% decline compared to last year, with total production hovering around 18,000–20,000 tonnes.

In Pandharpur, average-quality raisins are selling for USD 1,20–2,40 per kg, while premium green raisins are priced at USD 2,76–2,82 per kg. Over the past few weeks, prices in these regions have increased by USD 0,06–0,15 per kg, reflecting the supply crunch.

Festivals Add to the Demand

Upcoming celebrations like Ramzan and Holi are driving up demand for raisins. With old stocks running low and the grape harvest delayed, traders expect prices to rise by another USD 0,24–0,30 per kg in the coming weeks. These festivals typically boost the demand for dried fruits, and raisins are no exception.

Weather Delays Affect Market Supply

The raisin supply has been under pressure due to earlier weather issues during September, which slowed down the grape crop. Although conditions have improved recently, the harvest remains delayed. The new crop is expected to hit the market by March, but for now, limited availability continues to support higher prices.

What Traders Can Expect

Prices for raisins have rebounded strongly from their August low of USD 2,16 per kg, and the current market trend suggests they will stay elevated for a while. Traders are optimistic about demand staying strong until the new harvest arrives, but much depends on how grape production shapes up in the coming weeks. For now, limited supply and steady buying are keeping the market active.





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