Wholesale Makhana Market Summary in Numbers (January 1st – January 31st, 2026)
| Grade | Avg. Rate (Jan 1) | Avg. Rate (Jan 31) | Total Growth (%) |
| 7 Suta (Jumbo) | ₹1,475 | ₹1,635 | +10.8% |
| 6 Suta | ₹1,215 | ₹1,345 | +10.7% |
| 5 Suta | ₹925 | ₹1,025 | +10.8% |
| 4 Suta | ₹685 | ₹760 | +10.9% |
| 3 Suta | ₹400 | ₹445 | +11.2% |
Strategic Analysis
- Sustained Momentum: The market saw a remarkably uniform growth rate of approximately 11% across all grades. This indicates that demand was not just limited to premium sizes but was robust across the entire supply chain, from industrial-grade (3 Suta) to export-grade (7 Suta).
- The ₹1,000 Milestone: A key takeaway for this month is that the 5 Suta (Benchmark Grade) successfully broke and held the ₹1,000/kg barrier in premium Mandis like Darbhanga and Madhubani by the final week of January.
- Lower Grade Resilience: Interestingly, 3 Suta varieties saw the highest percentage growth (11.2%). This suggests a surge in industrial procurement for makhana-based flour and protein products early in the year.
- Regional Variance: While Harda remained the most competitive for bulk sourcing, it tracked the price hikes of the Darbhanga belt closely, showing that the regional price gap is narrowing as logistics in the Seemanchal region improve.
Forward Outlook: February 2026
Based on the strong performance in January, here is the strategic outlook for the upcoming month to help our partners and farmers plan their inventory:
- Sustained Price Floor: We expect prices to remain firm in the first half of February. The “High-Value Stability” seen at the end of January suggests that traders are not in a rush to liquidate stocks, keeping the floor price for the 5 Suta grade strong.
- Export Demand Peak: Export inquiries for 7 Suta (Jumbo) are anticipated to rise as international buyers finalize orders for the spring season. This could lead to a further premium on “Snow White” handpicked varieties in the Darbhanga and Madhubani belts.
- Inventory Watch: As the 2025 harvest stocks continue to thin, supply-side pressure may keep rates bullish. Large-scale buyers are advised to secure their requirements early in the month before the potential pre-monsoon stock tightening.
- Quality Focus: With the transition out of peak winter, moisture control remains the top priority. Stock maintained strictly below 4.5% moisture will continue to fetch the highest market premiums.
The makhana market in January 2026 continues to show dynamic shifts influenced by seasonal supply and growing global demand. At Mithila FPO, we remain committed to providing our partners with transparent data and premium-quality fox nuts sourced directly from the heart of Mithila. Whether you are looking to secure inventory for the coming quarter or need advice on navigating price volatility, staying informed is your best strategy for success in the makhana trade.
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