Nasik and Sangli areas in Maharashtra are the central Raisins hub of India for its production. Grapes’ sale in the domestic Indian & export market affects Raisin’s crop size.
Current Scenario
Raisins markets have been stable and strong from the beginning of this year. At present, Golden, AA quality is offered at $1,69 per kg, and Black Raisins AA quality is provided in the market for Exports at $1,12 per kg, whereas Malayar at $1,18 per kg.
Sangli region
Raisins’ new crop starts arriving in Indian Markets by February. But this year has been observed that the Raisins crop is delayed by a month compared to regular time.
Green & Golden raisins are usually available for export shipments for the first week of February. This year, they will be available for export loading in the first week of March; Malayar and Brown will also delay. They will be available for loading in mid-April. According to traders and domestic brokers, the Crop size and quality of raisins have been reported good.
Nasik region
Nasik Origin Crop will also be delayed by a month, Golden Raisins’ size and quality are reported to be good, but AAA quality is expected to be short by 20-30%.
Compared to last year, the black Raisins crop is estimated short by 30-40%.
Prediction
As of now, it is challenging to state about Rains market trend. According to the analyst, the actual situation will be clear once new crops start in the markets. International and domestic demand will also play a significant role in the movement of prices.