📊 Fennel Market Overview

India's fennel market is witnessing a significant upturn due to a sharp decline in production and an increase in industrial demand. Major producing regions such as Rajasthan and Gujarat have reported a 27-28% drop in output, primarily due to reduced sowing and adverse weather conditions. This has led to a robust increase in fennel prices during the peak harvest period, with current rates ranging from USD 1.38 to USD 2.28 per kg depending on the quality.

Traders and farmers are holding onto their limited stocks in anticipation of further price increases, driven by competitive buying and constrained supply. The market sentiment is bullish, with an expected rise of USD 0.60 per kg in the near term, making fennel a lucrative option for short-term investment.

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📈 Current Market Prices

📉 Key Market Drivers

• Significant decrease in production due to unseasonal weather and reduced sowing.
• Increased consumption by pickle industries and spice manufacturers.
• Low stock levels from previous seasons adding to the price pressure.

⛅ Weather Forecast – Impact on Harvest

The upcoming weather conditions in key fennel producing regions like Rajasthan and Gujarat are expected to be predominantly dry with occasional unseasonal rains, which may further affect the already strained production levels.

🔮 Price Forecast – Next 3 Days

Given the current market dynamics and weather predictions, fennel prices are expected to continue their upward trajectory. The market is likely to see prices ranging between USD 1.40 to USD 2.30 per kg, depending on quality and region-specific factors.