📉 Celery Market Downtrend Continues Amid High Stocks and Low Demand
As the celery market navigates through significant stock levels and subdued demand, prices remain on a downward trajectory. The recent arrival of new crops has not alleviated the price pressure, with current market rates significantly lower than previous months. Key producing regions such as Andhra Pradesh, Maharashtra, Gujarat, and Madhya Pradesh are witnessing a glut, primarily due to increased production and leftover stocks from previous seasons.
📊 Market Overview: Current Prices & Trends
📈 Key Market Drivers
- High production volumes and significant carryover stocks are suppressing prices.
- Decreased international demand, particularly exports to and imports from Pakistan.
- Weak consumer demand despite the peak season.
⛅ Weather Outlook – Key Growing Regions
The weather in major celery-producing regions is expected to remain stable, which may not significantly impact the already high production levels.
🔮 Price Forecast – Next 3 Days
Given the current market conditions, prices are expected to remain stable or decrease slightly, with no significant bullish signals on the horizon.
