โจ Peak Season, Yet Prices Hold Firm โ Market Defies History โจ
September is normally a month of heavy arrivals and weaker prices. But this year the market has turned the rulebook upside down โ with arrivals crossing 7.3 lakh kg in just 10 auctions, and yet average prices are steady above โน2,550/kg, with premium grades pushing past โน3,250/kg.
๐ Auctions Show Strength โ Farmers Benefit
โ Total arrivals (till 13 Sept): ~7.37 lakh kg
โ Sales clearance: ~99% (7.28 lakh kg sold)
โ Overall avg price: โน2,558/kg
โ Premium max price: โน3,255/kg (Mas Enterprises, Vandanmettu)
For comparison, in August the average stood at โน2,429/kg with 6.25 lakh kg arrivals. September is not just holding ground, itโs pushing higher despite peak-season inflows.
๐ Why the Market is Strong
Guatemala crop lower than expected โ global buyers look to India. Stock positions are tight after last seasonโs high clearances. Export demand robust from Middle East & EU. Farmers receiving โน2,500โโน2,600/kg consistently, rare in peak season.
๐ In simple terms: Heavy arrivals, but equally strong demand. The market has found a new balance point above โน2,500/kg.
โ ๏ธ Market Outlook
Demand is expected to remain strong till Deepavali. Prices likely to hold โน2,500+ even as volumes increase. Export orders continue to support premium grades.
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