Despite previous attempts at stabilization, the global fenugreek seed market continues to face persistent headwinds. A recent price decline of US$1.20 per quintal did little to revive demand, and prices for Fenugreek Common now hover steadily around US$81 per quintal without showing any improvement. Core trading hubs, particularly in Rajasthan, are characterized by stable arrivals but see nothing resembling aggressive or speculative buying activity. As a consequence, the market remains under pressure with traders reporting notably weak offtake.
The current sentiment is dominated by caution, with most market participants unwilling to make fresh bets on price recovery. In the absence of significant new buying interest or a surprising slowdown in arrivals, the immediate future for fenugreek appears flat to weak. Those considering entry into the fenugreek market should be mindful that fundamental drivers remain unchanged and short-term upside looks limited, while traders in the sector remain on the sidelines, awaiting better signals from either demand or supply adjustments.
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Fenugreek seeds
FOB 1.13 €/kg
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Fenugreek seeds
99%
FOB 0.71 €/kg
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Fenugreek seeds
powder
FOB 1.30 €/kg
(from IN)
📈 Prices
| Product | Origin | Type/Purity | Organic | Location | Delivery Terms | Current Price (EUR/kg) | Prev. Price (EUR/kg) | Update Date |
|---|---|---|---|---|---|---|---|---|
| Fenugreek seeds | IN | – | Yes | New Delhi | FOB | 1.13 | 1.13 | 2026-02-14 |
| Fenugreek seeds | IN | 99% | No | New Delhi | FOB | 0.71 | 0.71 | 2026-02-14 |
| Fenugreek seeds (powder) | IN | – | Yes | New Delhi | FOB | 1.30 | 1.30 | 2026-02-14 |
| Fenugreek seeds (FAQ, machine clean) | IN | – | No | New Delhi | FOB | 0.70 | 0.70 | 2026-02-14 |
| Fenugreek seeds | EG | – | No | Kairo | FOB | 1.00 | 1.00 | 2026-02-14 |
- CBOT/Euronext: Fenugreek seeds are not actively traded on mainstream futures exchanges (such as CBOT or Euronext); prices are determined through domestic spot markets in producing countries.
- Sentiment: Neutral/weak – flat prices reflect ongoing lack of buying appetite.
🌍 Supply & Demand Drivers
- Demand: Consumption remains low despite recent price corrections. No clear improvement in offtake has been witnessed.
- Supply: Arrivals in key producing centers like Rajasthan are stable, with no reports of major reductions or stock disruptions.
- Traders note an absence of fresh demand catalysts as key reason pressuring market tone.
📊 Fundamentals & Market Dynamics
- Price Correction: Despite a recent US$1.20/quintal decline, prices remain stagnant with little recovery momentum.
- Trading Approach: Most market participants are cautious, preferring to wait for identifiable triggers such as decreased arrivals or improved demand.
- Unless there is a notable change in consumption trends or a sharp drop in arrivals, prices are projected to remain steady to weak near-term.
🌦 Weather Outlook for Major Growing Regions
- The current weather in Rajasthan and other Indian growing hubs remains normal without weather shocks reported. No significant impact on standing crop or arrivals is anticipated in the immediate future.
- Watch for any unforeseen rainfall disruptions, which, if they emerge, could alter the supply landscape and become a new bullish factor.
🌐 Global Production & Stock Comparison
- India remains the dominant global exporter of fenugreek seed, supported by large domestic growing areas in Rajasthan, Gujarat, and Madhya Pradesh.
- Egypt is a secondary exporter, with spot prices currently at 1.00 EUR/kg FOB Kairo, competing closely with Indian offers.
- There are no current signs of acute stock shortages domestically or among global importers.
📆 Trading Outlook & Recommendations
- Short-term outlook: Stable to weak – No clear signs of an imminent price rise.
- Buyers should avoid aggressive accumulation as fundamental triggers for recovery are missing.
- Sellers are advised to remain cautious and avoid deep discounts, as the market is not in free fall but merely stagnant.
- Monitor for announcements of export deals, major weather events, or sudden changes in buying patterns as potential catalysts for market movement.
🔮 3-Day Regional Price Forecast
| Region/Exchange | Direction | Expected Change | Comment |
|---|---|---|---|
| Rajasthan (India, Mandi) | ↔️ | Stable | No significant demand or supply shift expected |
| New Delhi (Export FOB) | ↔️ | Stable | Buyers cautious, sellers holding offers steady |
| Egypt (FOB Kairo) | ↔️ | Stable | Competitive with Indian prices, no new upward catalyst |
