Raisins fall due to profit booking

11-Jul-2025 07:06 PM

But the future is good

New Delhi. After the record rise in the prices of raisins in the past few days, the profit booking selling by stockists has increased in the market. Due to which a decline of 15/20 rupees per kg has been recorded in the prices during the current week. Currently, the price of raisins in Sangli and Tasgaon Mandi of the major producer state Maharashtra is being quoted at Rs 400/420, which had reached the level of 420/440 at the end of June. It is worth mentioning that I Grain India had also written in its June 26 issue that due to the price of raisins reaching the highest level, there may be profit booking selling in the market and the prices may fall by 20/30 rupees.

Inflow decreased

Due to the fall in prices, the daily arrival of raisins in the markets has started decreasing. At present, the arrival in Sangli Mandi has come down to 45/50 carts, which was 70/75 carts a week ago. Informed sources say that about 50/60 percent of the total production has arrived in the mandis. The stock that has been created at present is in strong hands.

Yield 

Due to the low production of raisins in the country for the second year as well, the perception had already been bullish. I Grain India has also been suggesting to its readers from time to time that there is no slowdown in raisins this year. It is worth mentioning that during the current season 2025, the production of raisins in the major producing state Maharashtra is estimated to be 14/16 thousand carts (each cart is 10 tonnes). Whereas in the year 2024, the production was 18/20 thousand carts and in the year 2023, the production was 22/24 thousand carts. Apart from the decrease in production, the outstanding stock was also less. Last year, at the time of new crop, the stock of raisins at the mandis of the producing centers was 2.5/3 thousand carts, which was considered to be only 500/600 carts this year.

Good future

Informed sources say that recently prices have declined due to profit booking selling, but looking at the current situation, more downturn is not possible. Because currently 6/7 thousand carts of stock is being considered at the producing centers, while the new crop will come in the month of March. Apart from this, the stock is also in strong hands, which will come to the market when the price increases. In the coming days, if there is a demand for Dussehra, Diwali festival, then further increase in prices is possible and it is being estimated that on Diwali demand, prices can touch the level of Rs 500.

Export

According to the information received, during the year 2024-25 (April-March), the export of raisins was 46738 tonnes. Whereas during the year 2023-24 the export was 47750 tonnes. This possibility is being expressed due to record rise in prices during the current season. Exports will decrease even further during the year 2025-26. It is noteworthy that due to high prices, the export of raisins in March-2025 was 1795 tonnes while in March-2024 the export was 4541 tonnes.