The coriander market stands at a pivotal juncture as we approach the peak seasoning demand period. While prices have shown remarkable stability over the past few weeks, the undercurrents of an upward trend are unmistakable due to evolving supply and demand dynamics. As most Indian farmers have already sold the bulk of their harvest—enticed by attractive early-season prices—market arrivals have tapered off, leaving limited inventories in their hands. With the festive season just ahead, domestic buying is poised to ramp up, traditionally driving higher spice consumption and supporting prices in the short to medium term.
This season, green-quality coriander from Gujarat and Rajasthan dominated the arrivals and fetched premium rates, with almond and eagle grades showing slight price gains in recent sessions. However, export trade remains subdued owing to elevated global shipping costs and logistical disruptions amid ongoing geopolitical tensions. Furthermore, while total available stocks (including healthy carryovers) are ample for now, the anticipated drawdown in supply next season bodes for a potentially tighter market environment. In summary, the coriander market is currently balanced—but with upside risk should seasonal or export demand surprise to the upside.
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Coriander seeds
whole
FOB 2.38 €/kg
(from IN)
Coriander seeds
powder
FOB 2.67 €/kg
(from IN)
Coriander seeds
single parrot
FOB 1.10 €/kg
(from IN)
📈 Prices
| Product | Type | Origin | Location | Delivery Terms | Price (EUR/kg) | Prev. Price (EUR/kg) | Date | Sentiment |
|---|---|---|---|---|---|---|---|---|
| Coriander seeds | whole (organic) | IN | New Delhi | FOB | 2.40 | 2.41 | 2025-06-21 | Stable / Slight Bullish |
| Coriander seeds | powder (organic) | IN | New Delhi | FOB | 2.69 | 2.70 | 2025-06-21 | Stable / Slight Bullish |
| Coriander seeds | single parrot (conv.) | IN | New Delhi | FOB | 1.12 | 1.12 | 2025-06-21 | Stable |
| Coriander seeds | double parrot (conv.) | IN | New Delhi | FOB | 1.23 | 1.23 | 2025-06-21 | Stable |
| Coriander seeds | 99.9% purity (IN) | IN | New Delhi | FOB | 0.88 | 0.89 | 2025-06-21 | Slightly Lower |
| Coriander seeds | eagle, split 98% | IN | New Delhi | FOB | 0.84 | 0.85 | 2025-06-21 | Slightly Lower |
| Coriander seeds | 99.9% purity (EG) | EG | Kairo | FOB | 0.96 | 0.98 | 2025-06-21 | Slightly Lower |
- In Rajasthan, almond quality trades at USD 75.90–80.72/qtl and eagle quality at USD 80.72–84.33/qtl; both grades saw a recent uptick of USD 1.20–2.41.
- Latest spot market prices show overall stability with mixed marginal gains and dips across product types and origins.
🌍 Supply & Demand
- Production: Estimated 11 million bags (55 kg each) combined from Gujarat, Rajasthan, Madhya Pradesh.
- Carryover: About 5–6 million bags from last year. Total available stocks for the season ~17 million bags.
- Market Arrivals: Now slowing down significantly; farmer-held stocks at seasonal lows.
- Demand: Domestic buying expected to rise with the festive season, supporting consumption trends.
- Exports: Still lackluster due to high container costs and shipping disruptions; export viability limited in the short term despite subdued global prices.
- Future Supply: Next season’s carryover likely to be lower, pointing to potentially tighter supplies ahead.
📊 Fundamentals & Market Drivers
- Strong early-season prices led to rapid sales by farmers, tightening late-season supply.
- Premium prices observed for green-quality coriander from Gujarat and Rajasthan.
- Speculator positioning remains neutral as short-term signals await festive and export clarity.
- Major external pressure: Global trade slowed by freight costs and Red Sea shipping concerns.
- Market sentiment sits on a knife-edge, with the balance easily tipping on either domestic festival demand or export resurgence.
🌦️ Weather & Crop Outlook
- Weather patterns in Gujarat and Rajasthan remain generally favorable, with no major adverse developments reported from sowing to harvest this season.
- Short drought spells in central Madhya Pradesh have not significantly impacted coriander output, though slightly above-average temperatures may affect quality in select belts.
- No immediate weather threat to the standing or upcoming coriander crop reported; growing conditions for the next cycle need watching as monsoon distribution evolves in the coming weeks.
🌐 Global Production & Stock Comparison
| Country | Est. Production (mt) | Main Export Market | Trade Trend |
|---|---|---|---|
| India | ~605,000 | Asia, Middle East, Europe | Slowing exports |
| Morocco | 40,000 | Europe, North Africa | Stable |
| Russia | 28,000 | Europe, Asia | Rising domestic use |
| Egypt | 22,000 | Europe | Active trade |
📌 Trading Outlook & Recommendations
- Buyers: Consider incremental accumulation on dips ahead of the festive season as supply tightens and arrivals fall further.
- Sellers: Hold stable stocks for potential price appreciation, but monitor for any sudden spike in export bookings.
- Exporters: Watch global shipping rates; seek forward contracts if freight volatility stabilizes.
- Speculators: Maintain a neutral-to-bullish bias with trailing stops, especially as domestic demand could surprise to the upside.
- Monitor monsoon evolution closely—changes may impact the upcoming crop outlook and market sentiment.
📆 3-Day Regional Price Forecast (Key Exchanges, Spot FOB IN)
| Date | Whole (Organic) (EUR/kg) | Powder (Organic) (EUR/kg) | Single Parrot (Conv.) (EUR/kg) |
|---|---|---|---|
| 2025-06-22 | 2.40–2.43 | 2.68–2.70 | 1.12–1.14 |
| 2025-06-23 | 2.41–2.45 | 2.69–2.71 | 1.13–1.16 |
| 2025-06-24 | 2.42–2.47 | 2.69–2.72 | 1.13–1.17 |
- Short-term bias: Mildly bullish. Prices may rise 1–2% with seasonal domestic demand and thin arrivals.
- Exporter activity to remain low barring abrupt shipping cost relief.
