Farmers Hold Back Sales, Tightening Coriander Supply

A notable reduction in coriander sowing by farmers has tightened supply in major producing states, causing prices to rise slightly. Recent arrivals at Ramganj Mandi have increased to about 3,000–3,500 bags, while Baran Mandi recorded arrivals between 500–700 bags. However, delayed harvests due to recent heavy rains in some regions mean that market conditions remain unpredictable as new crops approach. The clearer weather could soon shift market dynamics, altering both availability and prices.

Weather Clears, but Market Sentiment Remains Uncertain 

Despite the prices being lower than many expected, farmers in Rajasthan and other major producing regions have intentionally slowed down the sale of their coriander crop. As a result, supply has stayed limited, pushing prices up slightly in recent weeks. This strategic move by farmers reflects their desire to hold out for better prices in the future.

Price are High in Some Markets

• In Ramganj Mandi, coriander prices have increased by USD 0,24 to USD 0,42 per kg, with Coriander Badami now priced at USD 0,77/0,78 per kg, and the Eagle variety at USD 0,78/0,82 per kg.
• Similarly, Baran Mandi has seen a rise of USD 0,24 to USD 0,48 per kg, with prices for Badami at USD 0,77/0,78 per kg, and Eagle at USD 0,80/0,86 per kg.
• Delhi’s Coriander Badami has softened by USD 0,12 per kg, now priced at USD 0,98/0,99 per kg. These changing prices are reflecting ongoing supply constraints and fluctuating demand.

Export Data: What it Means for Coriander Market

Between April and July of this fiscal year, India exported 21,074.79 tonnes of coriander, generating USD 2,63 million. This marks a significant decrease compared to the previous year when 59,647.21 tonnes were exported, earning USD 57,15 million. This decline highlights the effect of supply issues and weather conditions on the international coriander trade.

Conclusion: Should You Hold or Sell?

Given the current situation, it may be wise for traders to hold on to their coriander stock, as prices could rise further with the arrival of the new crop. The slight price increases, despite lower overall supply, indicate that prices may stabilize at a higher level. Farmers and traders alike should consider waiting until the new harvest arrives to make informed decisions about selling or holding stock.





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