Steady Ground: Coriander Market Holds Firm Amid Seasonal Shifts and Steady Demand

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The global coriander market, with India as its hub, is treading a path marked by stability and subtle fluctuations as the new crop season approaches. Over the past few weeks, coriander prices have moved within a narrow band, bolstered by consistent arrivals and moderate trading activity across major Indian mandis like Guna, Ramganj, Neemuch, and Kumbhraj. Despite faint optimism in the futures segment, immediate spot prices remain largely unmoved, hindered by ample old stocks and a persistent flow of supply. Export demand is expected to gain momentum with the approach of the Ramadan procurement cycle, potentially adding 200,000 bags per month to overall shipments.

Yet, large domestic inventories and routine arrivals from Indian producing regions are suppressing any dramatic price movement ahead of the new harvest. With favorable monsoon rainfall encouraging robust sowing—forecast to grow 5–10% this season—the supply outlook remains comfortable. As Gujarat gears up for new-season sowing estimated at around 1 million bags, the market consensus is for moderate firmness, but not a rally. In summary, coriander prices are unlikely to surge before the next crop, keeping the market attractive for both buyers looking for stability and sellers anticipating modest firmness.

📈 Prices: Latest Coriander Market Quotes

Product Origin Purity/Type Organic Price (EUR/kg) Previous Price (EUR/kg) Date Sentiment
Coriander seeds IN (New Delhi) Whole Yes 2.36 2.36 2025-10-03 Stable
Coriander seeds IN (New Delhi) Single Parrot No 1.10 1.10 2025-10-03 Stable
Coriander seeds IN (New Delhi) 99.9% Purity No 0.87 0.87 2025-10-03 Stable
Coriander seeds EG (Kairo) 99.9% Purity No 1.02 1.02 2025-10-03 Stable
Coriander seeds IN (New Delhi) Powder Yes 2.71 2.71 2025-10-03 Stable
Coriander seeds IN (New Delhi) Eagle, Split, 98% No 0.86 0.86 2025-10-03 Stable
Coriander seeds IN (New Delhi) Double Parrot No 1.24 1.24 2025-10-03 Stable

🌍 Supply & Demand Drivers

  • Demand: Moderate, with exporters watching Ramadan procurement, which could add up to 200,000 bags/month to shipments.
  • Supply: Consistent daily arrivals (8,000–10,000 bags) at main Indian mandis. Gujarat expects sowing of nearly 1 million bags.
  • Stocks: Ample old stocks in domestic warehouses are preventing price rallies.
  • Exports: Weak but expected to strengthen, especially to Middle Eastern markets. No new major buying from other destinations reported yet.

📊 Fundamentals & Market Comparisons

  • Futures: Mild improvement, but spot prices largely unchanged.
  • Sowing Outlook: Favorable monsoon and irrigation likely to bring 5–10% higher acreage versus prior year.
  • Historical Comparison: Last year’s pre-harvest period saw greater volatility as reserves were leaner; currently, ample carryover keeps volatility low.

☀️ Weather & Crop Outlook

  • India: Monsoon conditions are favorable, most coriander-growing areas report sufficient soil moisture.
  • Gujarat: No stress reported. Sowing progressing rapidly and likely to cover or exceed expectations.
  • Forecast: Weather in Rajasthan and Madhya Pradesh (key Indian states) remains conducive for healthy germination and early crop growth.
  • Egypt: Stable conditions, no adverse weather reported. Adequate irrigation supports quality output.

🌎 Global Stocks & Production: Key Producers & Markets

Country 2024/25 Production (est.) Stocks (est.) Comment
India 700,000 MT Stable, elevated Largest producer/exporter; steady arrivals
Egypt 85,000 MT Stable Quality output, targeting Europe and MENA
Russia 35,000 MT Stable Small, but increasing exports
EU Increased imports Lean stocks Relies on MENA/India

📆 Market Outlook & Strategic Recommendations

  • Expect stable pricing within a narrow range over the next 3–4 weeks.
  • Short-term upside is capped by ample carryover stocks and regular arrivals.
  • A breakout above USD 107/quintal could trigger further short covering and a mild rally.
  • Exporters should watch for renewed Ramadan buying; this could support prices toward late pre-harvest.
  • Buyers seeking longer-term cover may consider staggered buying, as volatility remains low and supply forecasts robust.
  • Sellers with older stocks may lock in prices on small rallies to avoid discounting closer to the new crop arrivals.
  • Monitor sowing progress in Gujarat and weather in Rajasthan/Madhya Pradesh for any late adverse developments.

⏳ 3-Day Price Forecast for Key Indian Mandis (INR/quintal)

Mandi Current Day 1 Day 2 Day 3 Trend
Ramganj 104 104 105 105 Stable to mild firming
Neemuch 102 102 102 103 Flat to slightly higher
Kumbhraj 98 98 98 99 Flat/Stable