Indian Coriander Market Price Trends Uncertain

In Rajasthan, the arrival of the new coriander crop has begun to increase. Recent reports indicate that markets such as Baran and Ramganj have received between 5,000 sacks and 8,000–10,000 sacks of coriander. Although arrivals are gradually picking up, earlier reports noted that sowing in Rajasthan and Madhya Pradesh decreased by 25% compared to the previous season. In Gujarat, sowing increased slightly by 3,700 hectares, yet overall production pressure may remain unchanged as stocks persist from previous harvests.

Price Trends in Key Markets

Despite higher arrivals, traders report that wholesale prices have largely remained at previous levels. In Ramganj Mandi, prices for two quality grades of coriander have recently fallen slightly. For example, the “Badami” variety in Ramganj currently trades at around USD 0,76–0,77 per kg, and the “Eagle” variety is at about USD 0,80–0,81 per kg. In Baran Mandi, prices for similar grades are quoted at USD 0,76–0,77 per kg for one grade and USD 0,80–0,82 per kg for another. Meanwhile, the wholesale market in the capital now sees “Badami” coriander at USD 1,01–1,04 per kg.

Sowing, Exports, and Market Outlook

Data from the Spices Board shows that during the first seven months of FY 2024–25, India exported approximately 38,314 tonnes of coriander, a notable increase from 81,046 tonnes last year in value but with mixed volume trends. While local markets have maintained stable prices due to strong demand, increased sowing and abundant new arrivals may eventually temper this trend.

Traders advise caution in buying, as market conditions could shift once the full pressure of the new crop builds up, potentially halting the current price rise.