Coriander Prices Decline Due to Profit-Booking Sell-off

10-Apr-2026 06:55 PM

New Delhi: Coriander prices witnessed a decline during the current week. Notably, following a record surge in prices in recent days, profit-booking sell-offs intensified in the market, while both domestic and export demand remained subdued at these elevated price levels. Consequently, coriander prices were quoted on a bearish note in both the futures and spot markets.

Record Prices

Due to the financial year-end closing in March, most *mandis* (wholesale markets) remained closed in recent days, resulting in a halt in coriander arrivals. This situation sustained a continuous upward trend in the futures market; even in the *mandis* that remained operational, the price of 'Eagle' quality coriander touched a record high of ₹125–130 per kg, while 'Badami' quality was quoted in the range of ₹115–122 per kg. However, with trading resuming smoothly across all *mandis* this week, pressure from fresh arrivals mounted, leading to a price correction of ₹4–5 per kg. Currently, 'Eagle' quality coriander is being quoted at ₹120–125 per kg, and 'Badami' quality at ₹116–118 per kg in the *mandis*.

Arrivals

During the current week, the weekly arrival of coriander at Gondal—a major *mandi* in Gujarat—stood at approximately 125,000 bags. Meanwhile, Rajkot is witnessing a daily arrival of 13,000–14,000 bags. In Rajasthan, the Kota and Baran *mandis* remained closed. Arrivals were also robust in the *mandis* of Madhya Pradesh; the Guna *mandi* is recording daily arrivals of 38,000–40,000 bags, while Kumbhraj is seeing 20,000–22,000 bags. Arrivals in Ashoknagar have also picked up, reaching a level of 18,000–20,000 bags.

No Major Downturn Expected

Market sources suggest that the current decline in coriander prices is unlikely to be significant or prolonged. This is because the total availability of coriander is expected to remain lower relative to consumption levels. Consequently, prices are projected to remain firm in the coming days. Sources indicate that arrivals in the markets (mandis) of Madhya Pradesh are expected to remain robust during the current month, whereas arrivals in the markets of Gujarat and Rajasthan are set to begin declining.

Exports

During the first 10 months (April–January 2026) of the current financial year 2025–26, coriander exports totaled 52,006 tonnes, generating revenue of ₹570.29 crore. In comparison, during the April–January 2025 period, coriander exports stood at 49,396 tonnes, yielding revenue of ₹520.21 crore. For the full year 2024–25, total coriander exports amounted to 60,330 tonnes, whereas in 2023–24, exports had reached 108,624 tonnes.