Coriander Market Shows Strength Amid Tight Supply and Strong Export Demand

The coriander market is currently showing strength. On one hand, strong fundamentals are supporting the uptrend, while on the other, there is a risk of profit-booking at higher prices. In producing states, the arrival of the new crop is weaker than usual. Due to lower sowing and adverse weather, production is expected to drop to around 9.5 million bags, compared to 12 million bags earlier.The country consumes around 50,000 bags daily, while demand is approximately 70,000 bags. This gap of 20,000 bags is continuously supporting the market. In Ramganj Mandi on Tuesday, arrivals were around 6–7 thousand bags, and prices rose by ₹200–300. Badami traded at ₹11,900, Eagle at ₹12,900, Best Quality at ₹17,800, and Extra Green at ₹19,500 per quintal. In Baran and other mandis, prices remained strong in the range of ₹9,800–10,700. In Delhi, Badami was at ₹14,500, Guna at ₹12,500, Eagle at ₹13,500, and Scooter at ₹14,500 per quintal.During the first 10 months of 2025–26, 52,006 tons of coriander were exported, valued at ₹570.29 crore, higher than last year’s 49,396 tons and ₹520.21 crore. Due to the wedding season and heat, market supply is expected to become even more limited. Arrivals are now unlikely to exceed 10,000 bags.From a technical perspective, after breaking above 9,500, the market surpassed the 13,500 level. If it holds above 13,800, the next target is considered to be 16,000. Despite increasing arrivals, prices remain strong, indicating robust domestic demand. Reduced tension in the Middle East and a weaker rupee could further boost export demand. Currently, a shortage prevails in the market, so the likelihood of a significant decline is low, although occasional profit-booking may occur at higher prices.

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