Previous Week Overview
Last week there was a holiday in most of the markets. Therefore, the prices where the markets were open remained stable. All mandis are operating from today & the arrival of Fenugreek will also increase in the mandis. The stock of old Fenugreek with farmers and traders is negligible. Carry forward stock is significantly less with the stockists and grocery stores. Due to the selling of fenugreek seeds by traders in a few weeks, they also do not have any goods left.
Future Trend
Traders expect that the market for fenugreek seeds might come down. Due to the inward pressure of new arrival in markets, a bearish trend can be seen. If the demand decreases, the farmer will not be willing to sell goods at lower levels. Stockists and traders can start buying Fenugreek at these low rates. At reduced prices, domestic and overseas customers might get active and start buying.
According to the experts, considering the positive and uptrend of other spices, fenugreek prices should also have a promising long-term future.
Price Trend
Fenugreek seeds 99
| Date | Price |
| March 31 | $0,94 per kg FOB |
| March 24 | $0,95 per kg FOB |
| March 15 | $0,97 per kg FOB |
| March 3 | $0,99 per kg FOB |
For more information, facts and figures, become a member. Click here.