The arrival of new coriander is likely to gain momentum in a few weeks

07-Feb-2025 01:51 PM

It sounds like coriander production is about to ramp up with the early sown crops ready for harvest soon. The slight increase in acreage in Gujarat (by 3%) is a positive sign, though the decrease in Rajasthan and Madhya Pradesh could impact supply from those regions.

With the weather largely normal but some dryness in certain areas, the overall crop condition seems to be stable for now.

However, if there’s any unseasonal weather like storms or hailstorms, that could shake up the market.

The current price of coriander appears to have leveled off, with no major fluctuations expected in the short term.

But, as you mentioned, prices could still be affected by domestic demand, export performance, and buying patterns from stockists.

Even though coriander exports are currently weak, the strong domestic demand may help keep prices steady.

How do you think the market will react if the weather turns unfavorable? Could that lead to significant price hikes?