About month ago machine cleaned average quality - Jawree variety was traded at Rs 1500 to Rs 1550 per quintal, spurted to Rs 1950 to Rs 2000 before spurting up by Rs 100 per quintal. It is now quoted around Rs 1800 to Rs 1850 per quintal. Best quality is traded in the range of Rs 2000 to Rs 3000 per quintal.

There was a resistance at higher level during last week but leading commission agent believe that there is a potential for further rise, which may not materialise. There is a hectic demand for meeting Gulf countries' needs. According to one estimate around 1.60 lakh tonnes of fenugreek has been exported to Singapore, Malesia, Turkey, Japan, and Saudi Arab etc.

Traders at Wholesale market opened thatfenugreek is likely to get buying support in local market also for longer period upto September/October.

During monsoon demand for cultivation will support the prices. Moreover this year fenugreek output has fallen by 40 per cent compared to last year. In Madhya Pradesh, farmers and traders have been incurring losses for last three years, forcing the farmers to reduce land under cultivation of fenugreek in main producing centers like Neemuch, Mandsore, Jawree and Rutham of Madhya Pradesh.