Coriander Market Soars: Strong Export Demand Fuels Price Rally

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This week, the coriander market has experienced a substantial upswing, largely propelled by surging export demand—especially from key destinations like Gulf countries and Europe. Prices at major Indian mandis rose sharply by $37–$45 per ton, an increase that has spread optimism through trading circles and reaffirmed bullish sentiment for this vital spice. In top-producing areas such as Gujarat, the rally was clear: Gondal and Rajkot mandis saw consistent price climbs, with Unjha—the country’s largest spice hub—registering rates towards the upper end of the week’s range. Even Delhi and Guna reflected the uptrend, confirming a nationwide firming of coriander prices as export offers (FOB) also reached their highest points for the season.

Underlying this robust market performance is a confluence of tight domestic supply and revived global appetite. Notably, traders stress that the current export momentum could fuel further price gains, particularly if supply remains restricted. This dynamic forms the basis for a bullish short-term outlook, with many in the trade watching weather conditions and forward export bookings closely to assess sustainability.

📈 Prices: Latest Coriander Market Snapshot

Market/Type Price per 100 kg (USD) Weekly Change Market Sentiment
Gondal (IN) $39.60 – $42.00 +$37–$45/ton Bullish
Rajkot (IN) $39.60 – $40.80 +$37–$45/ton Bullish
Unjha (IN) $39.00 – $41.40 +$37–$45/ton Bullish
Delhi (IN) $38.40 – $40.20 Firm Bullish
Guna (IN) $38.10 – $39.90 Firm Bullish
FOB Export Offers $41.00 – $43.20 Strong Firm/Bullish

 

Product Origin Purity/Type Organic Location FOB Price (EUR/kg) Updated Link
Coriander seeds EG 99.9% No Kairo 1.02 2025-08-23 Offer
Coriander seeds (whole) IN Yes New Delhi 2.38 2025-08-23 Offer
Coriander seeds (single parrot) IN No New Delhi 1.12 2025-08-23 Offer
Coriander seeds IN 99.9% No New Delhi 0.89 2025-08-23 Offer
Coriander seeds (powder) IN Yes New Delhi 2.71 2025-08-23 Offer
Coriander seeds (double parrot) IN No New Delhi 1.25 2025-08-23 Offer
Coriander seeds (eagle, split 98%) IN 98% No New Delhi 0.86 2025-08-23 Offer

🌍 Supply & Demand: Market Drivers

  • Export demand from the Gulf and Europe surged, notably boosting buying from major mandis.
  • Domestic supplies remain tight, supporting higher prices and firm sentiment across the market.
  • Speculative buyers and exporters are active, encouraged by international prices and stable inventory levels.

📊 Fundamentals: Stocks & Market Comparison

  • Stocks at key mandis remain lower than average, sustaining the bullish market.
  • Indian coriander maintains price leadership over Egyptian origin due to demand and supply factors.
  • Compared to last month, prices are higher by 8–11%, with the strongest appreciation in Indian organic and specialty grades.
Country 2024-2025 Production (est. tons) Stock Change Key Notes
India 850,000 Low/steady Firm export; lower carry-in stocks
Egypt 75,000 Steady Competitive FOB but lower global share
Morocco 10,000 Steady Quality issues, minor exporter

🌤️ Weather Outlook: Key Growing Regions

  • India (Rajasthan, Gujarat, Madhya Pradesh): Monsoon rainfall is currently normal to above-average. However, any delay in late-summer rains could stress standing crops and impact quality.
  • Egypt: Weather conditions are currently favorable, supporting healthy crop prospects and stable export capacity.
  • Short-term risk: Watch for late monsoon withdrawal or unseasonal rainfall in Indian regions—could tighten supplies if adverse weather occurs.

📆 Trading Outlook & Recommendations

  • Buyers: Consider forward coverage as prices are likely to rise if export demand and limited supplies persist.
  • Exporters: Lock-in sales at current high FOB rates while assessing new crop progress and export logistics.
  • Importers: Monitor Indian weather and forward-book only essential volumes, as volatility may rise due to both supply and currency movements.
  • Traders: Opportunities exist for short-term gains, but keep a close watch on export order flows and monsoon updates.

⏳ 3-Day Regional Price Forecast

Market Price Range (USD/100 kg) Trend
Gujarat (Gondal, Rajkot, Unjha) $40.00 – $42.50 ↑ Mildly higher
Delhi $39.00 – $40.80 ↑ Stable to firm
Export FOB (IN) $42.00 – $44.00 ↑ Firm