Fenugreek Market: Riding the Waves of Fluctuation

India: Fenugreek crop is 25% more compared to last year

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Current Scenario & New Crop Arrival

  • Prices of Fenugreek (Methi) Seeds are moving in a limited range.
  • The arrival of the new Fenugreek has started in the Gondal and Rajkot regions of Gujarat.
  • In the rest of Gujarat, the arrival will begin after 15 days.
  • This Monday, 150 bags of stock arrived in M. P.’s Jaora Mandi.
  • The arrival in the rest of Madhya Pradesh will start after 15 days.
  • In Rajasthan, the arrival will begin in the first week of April.
  • The crop is 25% more compared to last year.
  • The forward carry stock of old Fenugreek is significantly less.
  •  Seeing the bearish trend in Fenugreek Seeds, all traders have sold their stock.
  • Till the arrival of new goods does not increase, prices of Fenugreek should move in a limited range.
  • The prices may see a correction after arrivals increase. Therefore, the seller will be looking forward to selling their stock at every rise.

Fenugreek Sortex Quality Price

Mintec Global
Date Price
March 8 $1,00 per kg FOB
March 3 $1,02 per kg FOB
March 1 $1,03 per kg FOB

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