Futures and Flavors - Coriander's Promise for Investors

Coriander Market in Focus: Steady Under Mixed Monsoon and Subdued Exports

Spread the news!

The coriander market is holding a steady pattern amid a unique blend of fundamental and climatic factors during the 2025 monsoon season. Rajasthan, a principal producer, has seen patchy rainfall—benefiting some areas while leaving others parched. This inconsistency, together with notably limited arrivals at major wholesale markets (mandis), has kept prices from experiencing significant volatility. Farmers seem inclined to hold their stocks in hope of better prices, but the reality on the ground is defined by muted demand both domestically and from export channels.

Retail spice mills and wholesalers continue to support the base, yet lackluster export interest is capping any upside. Recent export data underscores the sentiment: May 2025 shipments were down sharply year-on-year, as overseas buyers remain cautious and await a clearer picture of future supply. Current inventories are adequate, although arrivals are well below seasonal peaks, putting further emphasis on domestic demand to support prices. The consensus among industry experts is that coriander will likely continue in a narrowly confined range in the coming weeks, supported by steady (if unspectacular) demand.

📈 Prices

Market/Location Product/Type Purity Organic Price (EUR/kg) Weekly Change Update Date Sentiment
New Delhi Coriander seeds (whole) Yes 2.38 +0.01 2025-08-14 Neutral/Bullish
New Delhi Coriander seeds (single parrot) No 1.12 +0.01 2025-08-14 Stable
New Delhi Coriander seeds (99.9%) 99.9% No 0.89 +0.01 2025-08-14 Stable
New Delhi Coriander seeds (powder) Yes 2.71 +0.01 2025-08-14 Neutral
New Delhi Coriander seeds (eagle, split) 98% No 0.86 +0.01 2025-08-14 Stable
New Delhi Coriander seeds (double parrot) No 1.25 +0.01 2025-08-14 Stable
Kairo Coriander seeds (99.9%) 99.9% No 1.02 +0.01 2025-08-14 Stable
  • Kota mandi: $80–$83/quintal (stable)
  • Baran mandi: $81–$84/quintal (stable)
  • Gujarat mandis: $82–$85/quintal (stable, subdued activity)

🌍 Supply & Demand

  • Arrivals: Remain weak at 7,000–8,000 bags/day in some mandis (well below peak seasonal arrivals)
  • Farmer Strategy: Farmers are holding back stock anticipating higher prices
  • Demand: Retail demand is steady but export buying is cautious; overall trade activity subdued
  • Export Data: May 2025: 11,476 tons (↓14% y/y from 13,275 tons in May 2024)
  • Stock Levels: Near-term supplies are sufficient but tightening vs. last year

📊 Fundamentals

  • Weather: Mixed rainfall across Rajasthan; inconsistent moisture may impact late-sown coriander yields
  • Acreage & Production: No significant expansion reported; harvests already tightened due to erratic monsoon
  • Inventories: Sufficient for short-term trade, but decreasing arrivals noted
  • Speculative Position: Stockists and traders are cautious; little speculative build-up

☀️ Weather & Outlook

  • Rajasthan: Patchy rainfall (some regions adequate, some remain dry); risk of stress if dry spell continues
  • Gujarat: Slightly better monsoon but no bumper crops expected
  • Forecast (next 7 days): Chance of further scattered showers, but relief likely to be geographically limited, maintaining nervousness in supply

🌐 Global Production & Stocks

  • India: Leading producer but current arrivals and stocks tight versus last year
  • Egypt: Export prices stable at EUR 1.02/kg for high-purity seeds, following subdued demand
  • Other Exporters: No significant shifts reported in global supply; India remains the primary price trendsetter

📌 Trading Outlook & Analyst Recommendations

  • Expect prices to trade within a narrow band due to firm local demand and weak export interest
  • Stockists advised to wait for clearer monsoon pattern before taking large positions
  • Exporters should monitor global buying signals; cautious approach recommended for forward contracts
  • Short-term retail and wholesale demand likely to limit downside, but no major rally without stronger exports or crop stress

📆 3-Day Price Forecast

Location/Exchange Current Price (EUR/kg) Forecast Range (EUR/kg) Sentiment (Next 3 Days)
New Delhi (FOB, Whole Organic) 2.38 2.36–2.40 Stable
New Delhi (FOB, Single Parrot) 1.12 1.11–1.13 Stable
New Delhi (Powder, Organic) 2.71 2.70–2.73 Slightly Firm
Kota Mandi (INR Equivalent) ~€0.96* 0.95–0.98 Stable
Egypt (Kairo, 99.9%) 1.02 1.02–1.04 Stable

*Estimated conversion from USD/quintal to EUR/kg