New Delhi. Coriander prices saw mixed trading trends during the current week. Early in the week, prices were quoted lower; however, towards the end of the week, both futures and spot market prices began to rise sharply. Sources indicate that the rally in futures prices at the week's close was driven by the prospect of peace returning to Middle Eastern nations. The expectation is that peace abroad will boost exports of Indian coriander, keeping prices firm.

It is noteworthy that, in addition to a drop in production this season, carry-over stocks at major producing centers have fallen to minimal levels. Consequently, total availability is expected to fall short of consumption demand. Driven by this outlook, coriander prices recently hit record highs in the markets; 'Eagle' quality was quoted at ₹133–135 and 'Badami' quality at ₹122–125—levels never seen before. Traders anticipate further price increases in the near future. Given current conditions, there is speculation that the price of 'Eagle' coriander could touch the ₹145–150 mark.

Coriander production in the country has been on the decline for the past two to three years. According to estimates, national coriander production stood at a record 16 million (1.60 crore) bags in 2023, dropping to 12 million (1.20 crore) bags in 2024 and 11 million (1.10 crore) bags in 2025. Trade estimates project a further decline to 9.5–9.7 million (95–97 lakh) bags for 2026. For the current season, production is estimated at 4.3–4.4 million (43–44 lakh) bags in Madhya Pradesh and 3.8–4.0 million (38–40 lakh) bags in Gujarat. Additionally, coriander production in Rajasthan is estimated at around 1.2 to 1.3 million bags.

Daily arrivals in the markets have begun to decline as the bulk of the total produce has already reached the trading centers. Sources indicate that approximately 80 percent of the produce from Gujarat has already arrived. Similarly, 65–70 percent of the produce from Madhya Pradesh has reached the markets. Estimates suggest that 70–75 percent of Rajasthan's coriander crop has also arrived at the markets. Currently, arrivals at Gondal—a major market in Gujarat—have dropped to 4,000–5,000 bags, while at Ramganj market in Rajasthan, they stand at 2,000–2,500 bags. Arrivals at Guna market in Madhya Pradesh are around 4,000–5,000 bags, whereas other markets like Neemuch, Ashoknagar, Mandsaur, and Binaganj are seeing arrivals of 500–700 bags. Currently, 'Eagle' quality coriander is being quoted at ₹128–132 per kg, and 'Badami' quality at ₹120–125 per kg.

Market sentiment remains bullish due to total availability falling short of consumption needs. It is noteworthy that the total availability of coriander for the current season—comprising new produce and carry-over stocks—is estimated at 12–12.5 million bags, whereas the combined requirement for local demand and exports is 14–15 million bags. Trade estimates predict a price increase of ₹10–15 per kg in the coming days as the supply of goods gradually tightens.

According to data released by the Spices Board, total coriander exports during the year 2025-26 stood at 60,211 tonnes, generating revenue of ₹679.70 crore; in comparison, exports in 2024-25 amounted to 60,323 tonnes with earnings of ₹633 crore. A record export volume of 108,624 tonnes of coriander was achieved in the year 2023-24.