In the peaceful realm of the coriander market, a tempestuous tale unfolds. As the dust settles from a recent storm in Ramganj, Rajasthan, and raindrops grace the lands of Madhya Pradesh and Gujarat, the dynamics of coriander have shifted. The weather, a mysterious force, now holds the key to the rise and fall in the market of this aromatic herb.
Once bathed in sunshine, the central coriander-producing states have witnessed a decrease in arrivals. Ramganj’s bustling shop reports a mere 15,000 bags, while cloudy skies and thunderstorm threats cast a shadow over Madhya Pradesh and Gujarat. Yet, despite this twist of fate, the price of coriander in Ramganj stands unwavering, defying predictions. The latest arrival levels debunk scepticism surrounding Rajasthan’s lower production, revealing a different reality.
Gujarat emerges as a surprise contender, boasting almost double the expected coriander yield. Monsoon rains have blessed these fertile lands, nurturing the crops. This abundance and relatively lower arrivals have caused coriander prices to ascend in shops such as Ramganj and Baran. The fragrant spice commands attention, tempting traders and stockists alike. In the vibrant wholesale grocery market of the capital, coriander seeds have weathered recent fluctuations, settling at USD 0.99/1.02 per kg. Supply and demand change continues, guided by market forces and consumer preferences. Yet, amidst this volatility, one constant remains—the unpredictable weather, a capricious conductor orchestrating the fate of coriander.