Coriander traded well in the commodity market previous and this week. In Gujarat, the Stockists actively trade in fine items, but the demand for finished goods is still.
Due to the hassle-free stock incoming, the pressure of coriander’s stock requirement in Gujarat is expected to ease in April.
The inward supply of coriander has already started in Rajasthan and Madhya Pradesh.
The three Indian States – Gujarat, Madhya Pradesh, and Rajasthan- account for Coriander stock incoming around 2500-3000 bags per day. Presence of moisture between – 12%-15% (+/-2%)
Though, Coriander’s stock estimation for 2022-2023 is low by 9.3%, with 7.4 lakh bags, compared to previous, but it also registers an uptrend in price by 1.22%.
Coriander – Production Analysis –
2022-2023 – 310,371 MT (Coriander bags 77.6 lakhs)
2021-2022 – 342,435 MT (Coriander bags 85 lakhs)
*** 1 bag = 40kgs
In other states, like Delhi, and the mandis within Gujarat, Madhya Pradesh, and Rajasthan, Coriander’s performance in the previous week was either considerably good or remained unchanged.
Coriander is the preferred commodity for the buyout. It is recommended to invest in coriander per fall, as it’s unmoved by recession and has good future prospects.
Price Trend
Coriander Eagle 5% Split
| Date | Price |
| March 22 | $1,49 per g FOB |
| March 16 | $1,48 per g FOB |
| March 14 | $1,50 per g FOB |
| March 7 | $1,51 per kg FOB |
| March 3 | $1,52 per kg FOB |
| March 2 | $1,49 per kg FOB |
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