Fenugreek Market Outlook: Firm Prices Persist Amid Tight Supplies and Strong Festive Demand

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The fenugreek market continues its robust run this week, with prices remaining firmly supported by a mix of steady demand, restrained arrivals, and seasonal factors. In Delhi, the benchmark price climbed to $73.20 per 100 kg—up by $1.20 compared to the previous week—reflecting a bullish undertone. The upward movement is largely linked to fewer arrivals from Rajasthan, India’s primary fenugreek-producing region, where crop inflows are presently limited. Market sentiment among traders points to a confluence of ongoing festival demand and stable export interest, both of which are helping bolster prices.

While fenugreek is sometimes considered a niche spice, its importance in domestic consumption (culinary and medicinal uses) and as a strategic export commodity gives its markets global relevance. The current situation reflects the spice’s sensitivity to even minor fluctuations in supply and demand—supporting the notion that prices could remain elevated if current conditions persist. Looking ahead, unless Rajasthan sees a meaningful uptick in arrivals, or demand unexpectedly softens post-festival season, prices are forecast to hold firm or even edge higher. Market observers advise close monitoring of weather, logistics, and export dynamics as key variables in the weeks ahead.

📈 Fenugreek Prices

Location Product Purity/Type Organic Delivery Terms Price (EUR/kg) Prev. Price (EUR/kg) Date Sentiment
New Delhi (IN) Fenugreek seeds Yes FOB 1.19 1.19 2025-08-23 Neutral
New Delhi (IN) Fenugreek seeds 99% purity No FOB 0.74 0.74 2025-08-23 Neutral
New Delhi (IN) Fenugreek seeds (powder) Powder Yes FOB 1.39 1.39 2025-08-23 Neutral
New Delhi (IN) Fenugreek seeds FAQ, machine clean No FOB 0.72 0.72 2025-08-23 Neutral
Cairo (EG) Fenugreek seeds No FOB 0.95 0.95 2025-08-22 Neutral

🌍 Supply & Demand Drivers

  • Rajasthan arrivals: Current inflows remain subdued, lowering available supply in spot markets, especially Delhi.
  • Festive demand: Seasonally high domestic consumption—culinary and traditional medicine—has supported price gains.
  • Export stability: Regular export demand, mainly from the Middle East and Europe, underpins baseline price levels and market confidence.
  • Market sentiment: Most traders and processors expect firmness to prevail as long as supply remains tight and demand remains robust.
  • Speculative participation: Limited, as the fenugreek market is fundamentally driven but watch for increased hedging should prices extend higher.

📊 Fundamentals Overview

  • Major Origins: India dominates global production, with Rajasthan accounting for the lion’s share. Egypt also features as a notable supplier.
  • Global Inventory: No signs of inventory pressure; stocks are seen as balanced-to-tight especially in Indian local markets.
  • Historical comparison: Compared to last year, current price levels are firmer, mainly due to lower production from Rajasthan and steady export interest.
  • Importing Countries: Middle Eastern and European markets continue to source steady volumes, supporting India’s export pipeline.

☁️ Weather Watch & Crop Outlook

  • Rajasthan Weather: Recent monsoon activity has been average-to-below average in key fenugreek belts. This limits new crop development and maintains upward price pressure.
  • Short-term Risks: Any further rainfall deficit could adversely affect late-planted fenugreek, leading to even tighter supplies; monitor meteorological updates closely.
  • Egypt: Weather remains broadly favorable, but local production volumes are much smaller compared to India.

📌 Trading Outlook & Recommendations

  • Buyers are advised to cover near-term requirements, as the risk of further upside cannot be ruled out with limited arrivals and ongoing festival demand.
  • Sellers may consider gradual liquidation on any strong rallies, cautiously monitoring weather risks that could support further price increases.
  • Exporters should closely monitor port logistics and shipping timelines to leverage steady overseas demand.
  • Watch for news on Rajasthan’s crop arrivals, festival demand, and export tenders—potential price-moving events.

📆 3-Day Fenugreek Price Forecast (Key FOB Markets)

Date Location Product Forecast Price (EUR/kg) Direction
2025-08-24 New Delhi (IN) Fenugreek seeds, organic 1.18 – 1.21 ⬆️ Firm
2025-08-24 New Delhi (IN) Fenugreek seeds, 99% purity 0.74 – 0.76 ⬆️ Slight gain
2025-08-24 Cairo (EG) Fenugreek seeds 0.95 – 0.97 ➡️ Stable
2025-08-25 New Delhi (IN) Fenugreek seeds, organic 1.19 – 1.21 ⬆️ Firm
2025-08-25 New Delhi (IN) Fenugreek seeds, 99% purity 0.74 – 0.76 ⬆️ Slight gain
2025-08-25 Cairo (EG) Fenugreek seeds 0.95 – 0.98 ➡️ Stable
2025-08-26 New Delhi (IN) Fenugreek seeds, organic 1.20 – 1.22 ⬆️ Firm
2025-08-26 New Delhi (IN) Fenugreek seeds, 99% purity 0.75 – 0.77 ⬆️ Slight gain
2025-08-26 Cairo (EG) Fenugreek seeds 0.96 – 0.98 ➡️ Stable