The coriander market is currently experiencing sluggish business, with no significant fluctuations in price expected in the near future. After the sowing period has nearly concluded in key producing states like Gujarat, Rajasthan, and Madhya Pradesh, attention is turning to the weather conditions.

In Gujarat, although the sowing area has decreased slightly, the weather is reportedly normal. The coriander market has slowed down, with less activity in both domestic and export sectors.

The domestic market is seeing lower arrivals, as producers are selling their stocks in limited quantities. Currently, the daily arrival of coriander in major mandis like Ramganj and Baran is relatively low—around 2000-2500 bags and 300-350 bags, respectively.

Although there was a brief increase in prices due to buying by Disawari traders and exporters, the market has since stabilized.

Coriander production in Gujarat and Rajasthan is expected to be normal, with Gujarat’s sowing area reported at 1.25 lakh hectares, slightly lower than last year's 1.27 lakh hectares. However, the export performance has been weak.

According to the Spices Board, coriander exports between April and September 2024 amounted to just 29,661 tonnes, a sharp decline from 71,931 tonnes during the same period in 2023. This has resulted in a significant drop in export income, from Rs 592.27 crore to Rs 309.40 crore.

Currently, coriander prices in producing markets are stable, ranging between Rs 6000-7000 per quintal. With weak export performance and reduced activity in domestic markets, there are no signs of sharp price fluctuations in the short term.