INDIA/NASIK – The raisin market is stable, and the sentiment has been firm. However, new crops will arrive soon in the market; hence it is essential to understand the production of the crop and the quality.
Expected Production
Nashik Golden raisin is expected to be short by 30 to 35 percent.
While the demand for good quality variety is not much, there is a shortage in the commodity. The domestic demand for the lower quality variety is helping the price to stay stable.
The Sangli Golden raisin production is expected to be the same, but the demand is higher than the Nashik Golden variety; hence the price is high, around $2,60 per kg.
Malaya raisin, a moderate crop, is expected to have an average production.
On the other hand, Dark Brown variety raisins will be available about 80 to 90 percent this year compared to 2021.
There has been a drastic decrease in the production of black raisins, and it is expected to be short about 30 to 40 percent compared to last year.
Finally, the Green variety raisin is expected to be good this year.
Prediction
It remains to be seen how the market fares as the new commodity arrive. Also, after a few months, the festival and the wedding season will start, and the low production might make the market bullish for raisins.
Price Trend
Golden Raisin AA Quality
| Date | Price |
| April 25 – May 5 | $1,77 per kg FOB |
| April 6 – April 24 | $1,75 per kg FOB |
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