In the expansive fields of coriander production, a narrative of uncertainty unfolds. The ongoing sowing of the new crop, a crucial juncture for this aromatic herb, is encountering delays that may sway the market in the coming days.
As we witness the of coriander’s rise and fall, reports of sluggish sowing emerge as a pivotal factor. The temperature dip in North and North-Western India signals the onset of colder days, impacting the delicate balance of coriander cultivation. In states like Gujarat and Rajasthan, sporadic sowing of the new crop for the upcoming year is underway, albeit with indications of a lag compared to the previous year.
In Gujarat, the heartland of coriander production, the statistics tell a tale of reduced sowing ambition. Presently, coriander has found its place in 35,800 hectares, a stark contrast to the 95,600 hectares of the previous year. The deliberations among traders paint a picture of divided opinions on the potential outcomes of this year’s crop. While some anticipate an increase in sowing, others argue for a reduction, fueled by the restrained price range.
Limited sales by farmers in major coriander-producing states like Madhya Pradesh and Rajasthan have led to restricted arrivals in the markets. In the Ramganj market of Rajasthan, recent reports indicate the arrival of about two and a half to three thousand sacks of coriander. Despite this, weak buying patterns have restrained the market dynamics, resulting in a wholesale price surge. This recent increase follows the trend seen in the wholesale grocery market in the capital, where the price of Coriander Badami rose.
Witnessing these market fluctuations, coriander’s global journey is noteworthy. Spices Board data reveals that in the first five months of the current financial year 2023-24, India exported 67,120.65 tonnes of coriander. This represents a significant surge compared to the same period last year, with exports reaching only 18,557.72 tonnes. As the days pass for the coriander commodity, the future trajectory hinges on the sowing of the new crop.
Import/Export Statistics
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