Limited Prospects for a Sharp Rally in Coriander Prices Amidst Sluggish Trade

14-May-2026 08:01 PM

New Delhi. With the completion of harvesting and processing for the new crop—a key spice produced during the Rabi season—farmers have now accumulated stocks of the produce.

However, due to weak prices prevailing in major wholesale markets (mandis), producers are releasing their goods only in limited quantities. The sluggishness in both domestic and export demand has failed to create an environment conducive to a price rally or market strength.

In the markets of top-producing states such as Gujarat, Rajasthan, and Madhya Pradesh, the supply of coriander is currently running slightly below normal levels, even though the peak season for arrivals is currently underway. While domestic coriander production for the current 2025-26 season is projected to be somewhat lower, the overall supply and availability situation is expected to remain comfortable, aided by existing carry-over stocks from the previous season.

Reports indicate that the average daily arrival of coriander in Rajasthan's markets ranges between 1,000 and 3,500 bags. Market prices are currently being quoted in the range of ₹11,000 to ₹12,000 per quintal. However, producers anticipate that prices will firm up further in the near future; consequently, they are not rushing to offload their stocks in the markets immediately.

Trade analysts suggest that future coriander prices will largely depend on the trajectory of both domestic and export demand. While coriander exports performed well during the previous fiscal year, the current fiscal year could witness some disruptions or challenges stemming from the ongoing crisis in the Middle East. Nevertheless, current market prices are generally considered to be at an attractive level for producers.