The coriander market is at a pivotal moment as weather disruptions in Gujarat begin to subside and auction activity resumes after rain-induced stoppages. With major auction centers like Gondal and others collectively bringing 25,000 bags to market, the supply situation is gradually normalizing. Although recent weeks saw sluggish consumption, the easing of geopolitical tensions between India and Pakistan is reopening export channels, offering new hope for demand recovery. Current estimates place Gujarat’s coriander crop at around 5.5 million bags, with a significant portion already marketed and stocks of approximately 2 million bags expected to support supply for the rest of the year. Market participants anticipate a steady, if slow, improvement in prices, with the rainy and wedding seasons now behind us and farmers possibly selling to finance upcoming monsoon planting. While there is little expectation for a sharp price rally in the immediate term, a moderate price increase of Rs 200–300 per quintal is widely expected in the coming weeks as exports pick up and domestic demand slowly recovers. Uncertainties remain regarding crop conditions in Madhya Pradesh and Rajasthan, but the overall sentiment is cautiously optimistic, with prices showing resilience at current levels and no significant downside risk anticipated.
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Coriander seeds
whole
FOB 2.47 €/kg
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Coriander seeds
single parrot
FOB 1.19 €/kg
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Coriander seeds
99,9%
FOB 0.94 €/kg
(from IN)
📈 Prices
| Product | Type / Purity | Origin | Location | Delivery Terms | Latest Price (USD/kg) | Previous Price (USD/kg) | Update Date | Sentiment |
|---|---|---|---|---|---|---|---|---|
| Coriander seeds | Whole, Organic | IN | New Delhi | FOB | 2.47 | 2.46 | 2025-05-17 | Firm |
| Coriander seeds | Single parrot | IN | New Delhi | FOB | 1.19 | 1.18 | 2025-05-17 | Stable |
| Coriander seeds | 99.9% purity | IN | New Delhi | FOB | 0.94 | 0.93 | 2025-05-17 | Firm |
| Coriander seeds | Powder, Organic | IN | New Delhi | FOB | 2.77 | 2.76 | 2025-05-17 | Stable |
| Coriander seeds | Eagle, split, 98% | IN | New Delhi | FOB | 0.90 | 0.89 | 2025-05-17 | Firm |
| Coriander seeds | Double parrot | IN | New Delhi | FOB | 1.30 | 1.29 | 2025-05-17 | Stable |
| Coriander seeds | 99.9% purity | EG | Kairo | FOB | 0.97 | 0.97 | 2025-05-16 | Neutral |
🌍 Supply & Demand
- Supply: Gujarat’s coriander crop estimated at 5.5 million bags; 3.8 million bags already sold; 2 million bags in stock to last the year.
- Auctions, previously halted due to rain, have resumed, with daily market arrivals at 25,000 bags.
- Arrivals continue in Rajasthan and Madhya Pradesh, though crop estimates remain uncertain due to varying grower reports.
- Demand: Domestic consumption remains sluggish but is expected to pick up post-wedding season and with the start of monsoon sowing preparations.
- Export trade, previously halted by India-Pakistan tensions, is slowly resuming as sellers are ready to ship goods.
📊 Fundamentals
- Stocks: Gujarat holds about 2 million bags, expected to meet market needs for the next 200 days.
- Market Activity: Sellers may increase sales to finance seed and fertilizer purchases for the upcoming monsoon.
- Price Floor: No significant downside expected; prices unlikely to fall below current levels.
- Quality Premiums: Eagle quality: Rs 1280–1320; Eagle Plus: Rs 1320–1350; Scooter: Rs 1350–1360 per quintal; Mundra delivery shorts: Rs 71–72 per kg.
🌦️ Weather Outlook
- Rainy conditions in Gujarat have subsided, allowing resumption of market activity.
- Weather in Rajasthan and Madhya Pradesh is stable, supporting ongoing arrivals and harvest completion.
- No major adverse weather events forecasted in the next week, supporting a steady supply flow.
🌏 Global Production & Stocks
| Country | 2024/25 Production Estimate (million bags) | Stocks (million bags) | Notes |
|---|---|---|---|
| India | ~7.0 | 2.0 (Gujarat) | Largest producer and exporter |
| Egypt | ~0.8 | Stable | Key exporter to EU/MENA |
| Others (incl. Iran, Morocco) | ~0.5 | Stable | Minor export supply |
📆 Trading Outlook & Recommendations
- Expect prices to remain firm with a gradual upward trend as exports resume and domestic demand recovers.
- Monitor export pace and auction arrivals for early signs of tighter supply or stronger demand.
- Short-term: No major rally expected in May; moderate gains of Rs 200–300 per quintal likely in June.
- Producers: Consider gradual selling to capitalize on expected price improvement, but avoid aggressive sales given limited downside.
- Buyers: Secure supply for forward needs as prices are likely at or near the seasonal floor.
- Exporters: Resume shipments as market sentiment and logistics stabilize.
🔮 3-Day Regional Price Forecast
| Location/Exchange | Quality | Current Price (Rs/quintal) | Forecast Range (Next 3 Days) | Sentiment |
|---|---|---|---|---|
| Gujarat (Gondal) | Eagle | 1280–1320 | 1280–1340 | Firm |
| Gujarat (Gondal) | Scooter | 1350–1360 | 1350–1380 | Firm |
| New Delhi (FOB) | Whole, Organic | 2.47 USD/kg | 2.47–2.52 USD/kg | Stable |
| Mundra Delivery | Shorts | 71–72 Rs/kg | 71–74 Rs/kg | Firm |
