Introduction

As of March 2025, the coriander market is witnessing robust demand, particularly in Madhya Pradesh, India, with daily demands reaching up to one lakh bags. The quality of coriander harvested is high, influencing market prices and export potential. Prices vary significantly based on quality, with notable stability in the market despite high demand.

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Market Data Table

Market Drivers & Context

• High demand in Madhya Pradesh with daily sales reaching up to 100,000 bags.
• Quality of current harvests is boosting market prices.
• Export inquiries are strong, expected to improve post-Ramadan.
• Stockists and spice companies are actively purchasing, anticipating price fluctuations post-harvest.

3-Day Price Forecast

Outlook: Stable prices expected in the short term with potential increases as new market trends emerge post-harvest.

Fundamentals: Global Balance Sheet

Despite a decrease in carryover stock from last year, the global demand for coriander remains strong, supported by robust export inquiries.

Conclusion & Strategy

• Monitor the market closely in early April for significant price movements.
• Consider strategic stockpiling if prices dip temporarily post-harvest.
• Capitalize on export opportunities post-Ramadan.

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