Coriander Cultivation is Likely to Decline

Coriander futures have improved recently, with experts predicting a price increase of $0,06 per kg for the 2025 season. This rise is attributed to reduced sowing and the possibility of lower production. Rajendra Aggarwal, an industry expert, forecasts that these factors will push coriander prices higher in the coming months.

Farmers Changing Preferences from Coriander

Farmers have been shifting their focus toward crops like wheat, significantly reducing coriander sowing. Initially, it was expected that a decrease in Raida sowing would lead to an increase in coriander planting. However, the rise in wheat sowing has overshadowed this expectation, leading to a decrease in coriander sowing.

Sowing Trends by Crop:

• Wheat: Farmers are increasingly interested in wheat cultivation due to better returns and favorable conditions.
• Gram: Sowing has been lower than anticipated.
• Garlic & Onion: The area for these crops has decreased, but because of favorable prices, farmers have slightly increased their cultivation.

Prices in Both The Markets:

Spot Prices are as follows 

• Badami: $0,78 to $0,82 per kg
• Eagle: $0,82 to $0,86 per kg
• Good Quality: $0,86 to $0,90 per kg

Coriander prices have fluctuated in both the futures and spot markets, and experts believe these trends will continue as market conditions change.

The gap between spot and futures prices has narrowed, now ranging from $0,0121 to $0,182 per kg. However, the gap is expected to widen again as the April futures for the new season indicate a rise in prices.

On November 13, the price of coriander increased by $0,121 to $0,182 in the spot market, signaling an upward trend. In Guna, the price of Badami ranged between $0,78 to $0,82, Eagle was between $0,82 to $0,86, and good quality coriander went from $0,86 to $0,90 per kg.

Coriander Stock and Imports

Stock Levels:

In Madhya Pradesh, farmers still hold significant stocks of coriander. The daily market arrival is about 10,000-11,000 bags, with 3,000 bags arriving from Guna. However, stocks in other centers are comparatively lower.

Imports:

India is expected to import large quantities of coriander to meet domestic demand. Bulgarian coriander has entered the Indian market, and Ukrainian coriander, which was previously sold only in Uttar Pradesh, is now being sold in additional regions.

Expert Recommendations for Farmers and Traders

Given the expected price increase of $0,06 per kg, experts suggest that farmers and traders sell their coriander stocks while prices are favorable. The rising demand, coupled with lower domestic production, presents a good opportunity to capitalize on the market conditions.

As coriander sowing declines and imports from Bulgaria and Ukraine rise, prices are likely to remain firm. Farmers and traders must closely monitor market trends to make informed decisions. The reduction in coriander cultivation and increased supply from imports creates both challenges and opportunities for the Indian coriander market.





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