Fenugreek

Fenugreek Seeds Strong and Stable in Indian Markets

Mintec Global
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Last week in Fenugreek, the market remained strong everywhere in Indian domestic markets. The arrival of Fenugreek has reduced in the mandis. Customers are still buying according to their needs. Stockists’ demand remains the same at these prices. As per the current scenario, there is no bearish trend in Fenugreek. There can be an improvement in the markets when the demand comes out.

Fenugreek seeds here remained stable at the earlier level of $0,84 per kg due to sluggish buying at reduced prices. Recently, there was a recession of $1,28-2,57 in it. Its consumption season is also about to begin. This may affect the market sentiments. In Ramganj Mandi of Rajasthan, about 100 sacks of Fenugreek were reported to have arrived, and the price remained at the level of the previous day. The market sentiments may be affected due to the early onset of the monsoon season.

Traders state that there is no fear of Fenugreek getting slow in the spot markets shortly.

Price Trend

Fenugreek Sortex

DatePrice
May 10-16$0,86 per kg FOB
May 5$0,87 per kg FOB
May 2$0,88 per kg FOB