Coriander Market Update: Weak Demand and Weather Uncertainty Define Narrow Trading Range

The coriander market is currently exhibiting signs of stagnation, with prices showing little upward momentum despite reduced arrivals in key producing regions. Even as an early monsoon has advanced through parts of southern and central India, the delayed progression into major northern states such as Rajasthan has not triggered any notable price recovery. This environment of sluggish trading reflects both tepid export demand and limited domestic buying interest, as farmers respond by holding back stock in hopes of better prices. The stubborn market inertia persists even as arrivals in Rajasthan’s top mandis, like Baran and Ramganj, fall below seasonal averages. Export trends further dampen sentiment, with FY 2024–25 coriander shipments and export values down sharply compared to the previous year. The repercussions of reduced sowing—nearly 25% lower in both Rajasthan and Madhya Pradesh—may tighten supply later in the season, but for now, weak demand keeps prices within a narrow band. Unless the monsoon’s progress sparks new buying or there is an uptick in global orders, the coriander market will remain rangebound. Traders and producers, facing oversupply at the farm gate, may have to wait for significant weather or demand-driven shifts to reshape the market in the weeks ahead.

📈 Prices & Market Sentiment

Location/Exchange	Variety/Type	Latest Price	Weekly Change	Market Sentiment
Ramganj (IN)	Badami	$75.60–$76.80/quintal	↓ $1.20–$1.80	Stable/Weak
Ramganj (IN)	Eagle	$80.40–$82.80/quintal	↓ $1.20–$1.80	Stable/Weak
Delhi Wholesale	Badami	$96–$98.40/quintal	↓ $1.20	Weak

Product (FOB)	Origin	Organic	Purity	Latest Price (€/kg)	Previous Price (€/kg)	Update Date
Coriander seeds, whole	IN – New Delhi	Yes	–	2.41	2.43	2025-06-14
Coriander seeds, single parrot	IN – New Delhi	No	–	1.12	1.14	2025-06-14
Coriander seeds, 99.9% purity	IN – New Delhi	No	99.9%	0.89	0.90	2025-06-14
Coriander seeds, eagle split 98%	IN – New Delhi	No	98%	0.85	0.86	2025-06-14
Coriander seeds, double parrot	IN – New Delhi	No	–	1.23	1.26	2025-06-14
Coriander seeds, powder	IN – New Delhi	Yes	–	2.70	2.72	2025-06-14
Coriander seeds, 99.9% purity	EG – Kairo	No	99.9%	0.98	0.97	2025-06-13

🌍 Supply & Demand Overview

• Arrivals in Rajasthan (Baran Mandi: 1,000–1,200 sacks, Ramganj Mandi: 5,000–5,500 sacks) remain below average.
• Farmers are withholding stocks, keeping supply tight at the mandis despite weak demand.
• Sowing is up slightly in Gujarat but down nearly 25% in Rajasthan and Madhya Pradesh, hinting at possible supply constraints ahead.
• Export volume and value for FY 2024–25 have dropped sharply: 60,323 tonnes exported vs. 106,624 tonnes last year (value: $7.60m vs. $11.38m).
• Tepid export demand and limited domestic buying are capping any upward momentum for prices.

📊 Market Fundamentals

• The monsoon reached southern and central India early but is delayed in north India, especially Rajasthan.
• Despite the supply tightening due to lower arrivals and farmer stockholding, lackluster demand prevents price appreciation.
• Oversupply at the farm gate and diminished export orders are key market headwinds.
• Recent and ongoing declines follow earlier drops in price—Badami type has already lost $2.40–$3.60 per quintal in the past month.

⛅ Weather Outlook & Yield Impact

• Monsoon advancement has been rapid in the south/central states but is lagging in Rajasthan and northern regions—critical for coriander’s main output.
• If the monsoon reaches these areas in the upcoming week, planting conditions and early growth could improve.
• Should the delay persist, crop stress and lower yields could result, creating upward pressure later in the season.

Weekly Weather Forecast (Key Regions, Rajasthan & MP): Expect mostly dry to only patchy rainfall for the next 3 days, with significant showers predicted towards the week’s end. Temperatures remain average for June. Limited rain could slow crop establishment and potentially support prices in the medium term if dryness continues.

🌏 Global Production & Stock Comparison

• India: World’s largest producer, with key districts in Rajasthan, MP, and Gujarat. 2025 acreage down in top states except Gujarat.
• Egypt: Key alternative origin. Kairo’s FOB price for 99.9% purity is €0.98/kg, showing steadiness compared to Indian quotes.
• Export Markets: Exports sharply lower y/y, reflecting weak international demand and competitive pricing from other origins.

💡 Trading Outlook & Recommendations

• Traders: Continue cautious approach. Spot purchases preferred, as downside risk remains unless weather or demand surprises emerge.
• Exporters: Monitor global buying closely, but anticipate slow business unless there is price improvement or demand revival in main import markets.
• Farmers: Withhold stocks only if financially viable; consider gradual selling to manage potential downside from continued weak demand.
• Watch for updated monsoon progress and any sudden uptick in export orders.
• Short covering or speculative positioning may arise only on clear weather-driven tightening in key regions.

📆 3-Day Price Forecast (Key Exchanges)

Location/Exchange	Expected Price Range	Trend
Ramganj Mandi (IN)	$75.40–$77.00/quintal	Stable/Weak
Baran Mandi (IN)	$75.50–$77.10/quintal	Stable/Weak
Delhi Wholesale Market	$95.80–$98.60/quintal	Stable/Weak
IN – New Delhi (FOB export)	€0.85–€2.70/kg (by type)	Stable/Weak
EG – Kairo (FOB export)	€0.98/kg	Stable

Short-term outlook remains muted; monitor monsoon and export demand for any actionable signals.