Prices of Raisins Increased Due to Low Stock Availability

Mintec Global
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The demand for this delicious fruit is flourishing due to the wedding season; thus, the impact is visible in the raisins market. About 30,000 tonnes of last season’s raisins are left in the districts of Sangli and Solapur. At present, due to good demand, its prices have increased.

Current Scenario

New raisin supplies will likely hit the markets in February next year. By then, the current stock of raisins would have been over, so the raisins market is expected to remain firm. Since last month, the demand for raisins has been increasing continuously, due to which the prices in the markets have increased and are expected to rise further.

Industry experts say that about 30,000 tonnes of raisins are left in cold storage, which will finish by the time the new raisins arrive in February.

Future Scenario

According to sources, the price of raisins kept in cold storage is being sold in a phased manner, and when the supply in the markets increases compared to the demand, the prices start coming down. This is why most prominent farmers are selling raisins according to their needs.

Further, the weather has been good for gardeners this year. That’s why the disease incidence has reduced. Due to this, good-quality grapes are being produced. If climate cooperates for the next two months, quality raisins will be produced on a large scale this year. Considering the current trend, the market perception of raisins has increased.

The Raisins golden grade AA  prices were Recorded at $1,92 per kg FOB.

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