Weekly Review - Coriander
26-Jul-2025 08:26 PM
Coriander prices strong: No possibility of recession
New Delhi. Recently, coriander prices have risen by Rs 400/500 per quintal. Looking at the current situation, the market sentiment is still bullish. Sources believe that coriander prices are likely to remain bullish even during the month of August as the arrivals in the markets of the producing centres are decreasing significantly. While local and export demand is increasing. It is worth mentioning that I Grain India had also written in its July 5 issue that coriander prices should gradually rise by Rs 800/1000 per quintal during the months of July-August. It is worth mentioning that during the current season, coriander production in the country was around 1 crore bags. Whereas last year the production was considered to be 1.10 crore bags.
Low arrivals
Experts say that due to most of the total production coming to the markets, now the producers have less stock of coriander left, due to which the arrivals in the markets have also reduced. Sources say that currently the producers have only 20/25 percent of the stock of coriander left. Due to which now the arrivals will be limited. According to the information received, the arrival in Gondal, the main market of Gujarat, has remained at 4/5 thousand bags. Whereas in Guna Mandi of Madhya Pradesh, the arrival is 3/4 thousand bags. In Ramganj Mandi of Rajasthan, the arrival is going on at 2500/3000 bags. During the current season, the production of coriander in Gujarat was estimated to be 40/42 lakh bags and Madhya Pradesh 45/48 lakh bags. The production in Rajasthan was estimated to be 14/15 lakh bags.
Slow-fast
During the current week, the prices of coriander were quoted with a rise in the spot and futures market. In the futures market, coriander of August month opened at Rs. 7698 and closed at Rs. 7738 at the end of the week. Whereas coriander of September month opened at Rs. 7724 and closed at Rs. 7796 at the end of the week. Due to weak supply and increasing demand, the price of coriander in the spot markets was quoted at Rs. 100/150 per quintal. Currently, the price of coriander Badami is being quoted at Rs. 6800/7000 and Eagle at Rs. 7000/7300 per quintal in the markets of production centers. There is no possibility of a slowdown in prices in the near future. The markets will continue to grow gradually in the coming days as well.
Low availability
There is news of less availability of coriander as compared to consumption during the current season. According to an estimate, apart from the production of about 1 crore bags of coriander during the current season, the outstanding stock is believed to be 35/40 lakh bags, while the requirement of coriander including export and local consumption is around 1.50/1.60 crore bags. Sources believe that due to the decrease in production in the country after the second rain, the stock of coriander in the coming season will remain nominal.
Export
During the current financial year 2024-25, there has been a sharp decline in coriander exports. According to the data released by the Spices Board, the total export of coriander during April-March (2024-25) was 60324 tonnes. Whereas in April-March (2023-24) the export was 108624 tonnes. During the current season, the income from coriander exports was Rs 63320 lakh, while the income received in the last season was Rs 94827 lakh. In quantitative terms, coriander exports during the current season were down by 44 percent, while a decline of 33 percent has been recorded in terms of income.
In the first two months of the current season 2025-26, an increase of 21 percent has been registered in the export of coriander. According to the information received, during April-May 2025, the export of coriander was 13857.97 tonnes. Whereas in April-May-2024, the export was 11475.76 tonnes.
