New Delhi: Driven by a record surge in coriander prices during the current season, profit-booking sales have intensified in the market. Consequently, towards the end of the week, coriander prices in both the futures and spot markets were quoted with a bearish trend. As *iGrain India* noted in its April 4th issue, the surge in profit-booking—triggered by the record rise in prices—could lead to a decline of ₹5 to ₹8 per kilogram. However, significant further downside is not anticipated, as the arrival of coriander in the *mandis* (wholesale markets) of the major producing states—Gujarat, Madhya Pradesh, and Rajasthan—has already begun to decline.

Sources indicate that approximately 70–75 percent of the total production has already arrived in the markets (mandis) of Gujarat. Similarly, reports suggest that about 75–80 percent of the produce has reached the markets in Rajasthan. However, due to delays in arrivals, reports from Madhya Pradesh indicate that only about 50–60 percent of the produce has reached its markets so far. As a result, market arrivals in Madhya Pradesh are expected to remain robust for the next 10 to 15 days. Nevertheless, arrivals are expected to begin declining during the first week of May. Subsequently, market prices are likely to witness a gradual upward trend.

During the first ten months of the current financial year (2025–26), coriander exports witnessed a 5 percent increase in volume, while revenue from exports recorded a 10 percent growth. According to data released by the Spices Board, coriander exports totaled 52,006 tonnes during the April–January 2026 period. The revenue generated from these exports amounted to ₹570.29 crore. In comparison, during the previous season (April–January 2025), coriander exports stood at 49,396 tonnes, generating a revenue of ₹520.21 crore. For the full year 2024–25 (April–March), total coriander exports amounted to 60,330 tonnes, whereas the year 2023–24 had witnessed a record export volume of 108,624 tonnes.