Strong Demand Made Fenugreek Market Bullish

Mintec Global
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The domestic and export demand has been good for fenugreek which has made the market strong this week. According to experts, the market will not likely be bearish anytime soon, and the bullish trend will continue.

Even during the consumption season, fenugreek uptake remains sluggish in Delhi’s capital city. As a result, the seeds have remained at the previous level of 0,85 per kg, which has now changed. The price has increased by 0,02 per kg.

It was reported that the arrival of fenugreek in the Ramganj spot market of Rajasthan was negligible, which was about 10 to 20 sacks, and the price remained at the same level a day earlier.

Hence with less arrival due to the heavy monsoon and good demand, there is no fear of a slowdown in fenugreek seeds for the next couple of days.

The Fenugreek seeds 99  prices were Recorded at $0,81 per kg FOB.