News

Manthan1709

Feb 7, 2025

Coriander Prices In India Stays Firm

Coriander Prices In India Stays Firm

Coriander Prices Stay Firm as Sowing Varies Across Key Regions

The coriander market has remained stable despite mixed trends in sowing across major producing states. In Gujarat, farmers have increased coriander sowing by about 3 percent, but in Rajasthan and Madhya Pradesh, many have shifted to other crops due to lower-than-expected returns. Even with this shift, coriander prices are holding steady, and traders believe they may stay firm in the coming months.

Coriander arrivals in Rajasthan have been slower than usual. In Ramganj Mandi, daily arrivals have dropped to around 3,500-4,000 bags, while Baran Mandi is seeing only 800-1,200 bags per day. With supply tightening, prices have remained stable after a slight rise. Last monsoon, heavy rains and flooding in some major coriander-growing regions raised concerns about crop health, but for now, supply is balanced.

Currently, in Rajasthan’s Ramganj Mandi, Coriander Badami is selling at USD 0,78-0,82 per kg, while Eagle coriander is priced at USD 0,83-0,86 per kg, both increasing by USD 0,01-0,02 recently. A similar trend is seen in Baran Mandi, where Badami is priced at USD 0,78-0,82 per kg, and Eagle at USD 0,84-0,87 per kg. However, in Delhi’s wholesale market, Coriander Badami has dipped slightly by USD 0,01, now standing at USD 1,05-1,08 per kg.

Coriander Sowing and Export Performance

According to Gujarat’s Agriculture Department, coriander sowing reached 1,30,700 tonnes as of January 20, compared to 1,27,000 tonnes last year, showing a slight increase of 3,700 tonnes. However, sowing in other states has declined, which could impact supply later in the year.

On the export front, India shipped 34,365 tonnes of coriander worth USD 43,16 million during the first six months of the 2024-25 financial year. This is significantly lower than the 76,848 tonnes exported in the same period last year, which had earned USD 77,21 million. The decline in exports has increased domestic availability, which is keeping prices stable.

What’s Next for Coriander Prices?

Looking ahead, traders expect prices to remain steady as arrivals are limited and demand is stable. However, if export demand strengthens, prices may see an uptick. Stockists are holding onto their supplies, waiting to see how demand unfolds. If supply remains controlled, prices could rise slightly in the coming months.

pms-restrict subscription_plans="4335"]



Click here to reach our trading platfrom CMBroker
cmb logo
This website uses cookies to ensure you get the best experience on our website. Learn more