The fenugreek market is currently experiencing significant downward pressure due to an excellent harvest and subdued demand both domestically and internationally. Despite the arrival of new crops from major producing regions like Bikaner, Jodhpur, Pratapgarh in Rajasthan, and Javra, Mandsaur, Neemuch in Madhya Pradesh, prices have softened considerably. This contrasts sharply with last year, when lower production and robust demand—especially from the export sector—supported higher price levels. In 2025, the scenario has reversed: favorable weather has led to a bountiful harvest, but the local and export demand has failed to keep pace, even during the typically strong pickle season. As a result, market sentiment remains bearish, with traders and producers anticipating further price declines if demand does not recover soon. The current arrivals in key markets such as Ratlam Mandi are substantial, and old stock is relatively low, but the lack of buying interest is preventing any upward movement in prices. The market outlook is further dampened by the absence of export orders, which had previously provided crucial support. With about 25% of last year’s stock still available and new arrivals increasing, the likelihood of a price rebound in the near term appears slim.

📈 Fenugreek Prices at Key Markets

🌍 Supply & Demand Dynamics

• Production: Excellent yields reported across India due to favorable weather; new arrivals strong in Bikaner, Jodhpur, Pratapgarh, Javra, and Ratlam.
• Demand: Domestic and export demand is weak, even during peak pickle season.
• Stock Levels: Old stock is low (approx. 25% remaining), but high new arrivals keep pressure on prices.
• Export Market: No significant export demand reported; last year saw robust exports.
• Market Arrivals: Ratlam Mandi daily arrivals at 4,000–5,000 sacks; similar trends in other mandis.

📊 Market Fundamentals & Drivers

• Weather: Favorable, supporting high yields and good crop quality.
• Price Trends: Prices have declined from last year’s highs (INR 70/kg in 2024 vs. INR 53–55/kg for new crop in 2025).
• Speculative Activity: Limited, as market sentiment is bearish and buying interest is weak.
• Seasonality: Pickle season typically boosts demand, but not this year.

🌦️ Weather Outlook for Key Growing Regions

• Rajasthan & Madhya Pradesh: Current weather remains favorable for harvesting and post-harvest handling; no significant weather threats expected in the next week.
• Gujarat: Stable temperatures and mostly dry conditions support quality maintenance of new crop arrivals.
• Impact: Continued good weather will keep supply steady, further weighing on prices unless demand improves.

🌐 Global Production & Stock Comparison

• India: Largest producer, with strong 2025 crop and moderate carryover stock.
• Egypt: Stable production, but no significant change in export demand.
• Other Producers: Minor contributions from other countries; global stocks remain adequate.

📆 Trading Outlook & Recommendations

• Market sentiment is bearish due to oversupply and weak demand.
• Further price declines possible if export demand does not recover.
• Buyers should wait for additional price corrections before making large purchases.
• Sellers are advised to offload stocks gradually to avoid further losses.
• Monitor export inquiries and weather updates for any signs of market reversal.

🔮 3-Day Regional Price Forecast