📊 Market Analysis: Mango Powder Dynamics
No significant price increase is expected in the coming weeks as a surge in mango powder production and ample old stock are keeping the market under bearish pressure. With new arrivals from Maharashtra and Gujarat, and a rebound in production levels, prices are anticipated to remain sluggish. Here's a detailed look at the current market scenario and future expectations.
📈 Current Price Overview
📉 Market Drivers
- Increased production up to 75-80% of normal levels compared to last year's 25-30%.
- Ample old stock still available in the market.
- New arrivals expected to pressure prices further.
⛅ Weather Outlook – Major Growing Regions
Favorable weather conditions have been aiding the recovery of mango production. However, traders should remain vigilant for any unexpected weather disruptions that could impact supply and prices.
🔮 Price Forecast – Next 3 Days
Given the current market conditions, prices are expected to drift lower, especially for lower-quality mango powder as new stocks hit the markets.