Coriander Market Recovery: Weather-Driven Gains Offset by Lower Acreage and Exports

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The coriander market has navigated through a challenging few months, marked by contrasting forces of weather recovery, reduced acreage, and falling exports. Following a period of price decline, recent revitalization of the monsoon across Rajasthan’s key growing belts—Hadauti, Ramganj, and Baran—has provided much-needed relief. However, the benefit of good rainfall was tempered by local flooding, which slowed market arrivals and supported modest price gains. With farmers reluctant to sell amid unsatisfactory price levels, overall market inflows remain constrained, amplifying upward pressure on prices even as demand remains tentative.

Bulk arrivals at Ramganj mandi hovered between 4,000–4,500 bags daily, while Baran saw just 400–500 bags—underscoring a tight supply scenario. Meanwhile, wholesale prices in major mandis have inched up by $0.01–$0.02 per kg, partly recouping previous losses, with Delhi showing the highest prices reflecting domestic demand strength. While sowing activity was steady in Gujarat, the acreage shrinkage in Rajasthan and Madhya Pradesh, estimated at 25%, introduces a bullish undertone going forward. Export data paints a starker picture: volumes and values have slumped by over 40% year-on-year, reflecting tighter supply and potentially tepid overseas demand. Amid such dynamics, intermittent price improvements are probable, especially if export and domestic demand rebound. Short-term weather volatility, farmer selling behavior, and arrival pressure will remain critical to near-term movement.

📈 Prices: Current Coriander Market Quotes

Exchange/Mandi Product Latest Price (USD/kg) Prev. Price (USD/kg) Weekly Change Market Sentiment
Ramnagj Mandi Coriander Badami $0.78–$0.79 $0.76–$0.77 +0.01–0.02 Firm/Limited Supply
Ramnagj Mandi Coriander Eagle $0.80–$0.83 $0.79–$0.81 +0.01–0.02 Firm
Baran Mandi Coriander Badami $0.78–$0.79 $0.76–$0.77 +0.01–0.02 Supportive
Baran Mandi Coriander Eagle $0.81–$0.83 $0.79–$0.81 +0.02 Supportive
Delhi Wholesale Coriander Badami $0.97–$0.99 $0.95–$0.98 +0.01–0.02 Strong

 

Product Origin Type Purity Organic Price (EUR/kg, FOB) Prev. Price (EUR/kg) Change Updated
Coriander seeds IN (New Delhi) whole Yes 2.40 2.38 +0.02 2025-07-12
Coriander seeds IN (New Delhi) powder Yes 2.69 2.67 +0.02 2025-07-12
Coriander seeds IN (New Delhi) single parrot No 1.12 1.10 +0.02 2025-07-12
Coriander seeds IN (New Delhi) 99.9% No 0.88 0.86 +0.02 2025-07-12
Coriander seeds IN (New Delhi) eagle, split 98% No 0.84 0.82 +0.02 2025-07-12
Coriander seeds IN (New Delhi) double parrot No 1.23 1.21 +0.02 2025-07-12
Coriander seeds EG (Kairo) 99.9% No 0.97 0.96 +0.01 2025-07-11

🌍 Supply & Demand

  • Arrivals: Ramganj 4,000–4,500 bags/day, Baran 400–500 bags/day. Arrivals remain below average due to hesitant farmer selling and weather disruption.
  • Acreage: ~25% decline in Rajasthan and Madhya Pradesh; Gujarat sowing is steady, underpinning a tight supply outlook ahead.
  • Exports: FY 2024–25 at 60,323 tonnes ($7.58M), down from 106,623 tonnes ($11.35M) year-on-year (Spices Board). Export performance flagging due to reduced production and competitive challenges.

📊 Fundamentals

  • Weather: Recent monsoon rains improved soil moisture, but patchy distribution and localized flooding in eastern Rajasthan slowed arrivals. Good rainfall should enhance yield prospects unless additional flooding occurs.
  • Stocks: Lower arrivals and reduced carryover amid acreage contraction keep available stock tighter than last year in primary growing regions.
  • Speculative Positioning: Limited inflows and improving price momentum may attract buying interest at lower levels, but weak export signals temper excitement.

⛅ Weather Outlook – Key Growing Regions

  • Rajasthan: Occasional showers forecast over next 3 days; some risk of further isolated heavy rain, especially around Baran. High humidity may aid germination but could delay further harvest/arrivals if flooding intensifies.
  • Gujarat: Monsoon remains active with scattered thunderstorms; supportive of vegetative growth.
  • Delhi/UP Consumption Markets: No weather stress expected – steady trading likely.

🌐 Global Production & Stock Comparison

Country 2024/25 Production (est.) Year-on-Year Change Stock Levels
India ~700,000 tonnes -8% Tight – Lower carryover
Egypt ~48,000 tonnes -2% Stable
Morocco ~36,000 tonnes Flat Average
Other ~70,000 tonnes Flat Average

📆 Outlook & Trade Strategy

  • Bullish bias short term as arrivals remain weak and demand may surprise on the upside, especially if wholesale/mandi buyers restock after festival season.
  • Monitor: Resumption of farmer selling if prices rise, updated weekly export numbers, and further monsoon developments in Rajasthan and Gujarat.
  • Importers: Consider forward buying or staggered procurement as tightness could intensify if weather fails to allow normal arrivals in coming weeks.
  • Exporters/Traders: Expect intermittent price improvement, but be wary of sudden corrections if arrivals jump or if export demand stays weak.

🔮 3-Day Price Forecast (Key Mandis & FOB)

Market Product Forecast Price Range Trend
Ramnagj Mandi Coriander Badami $0.78–$0.80 Firm/Upward bias
Ramnagj Mandi Coriander Eagle $0.81–$0.84 Supported
Delhi Wholesale Coriander Badami $0.98–$1.00 Stable/Bullish
FOB India (whole, organic) Coriander seeds €2.40–€2.45 Steady to firm
FOB India (powder, organic) Coriander seeds €2.69–€2.72 Firm