Commodity Outlook – Coriander Seed

Sowing period: October to December
Harvesting period: March to May
Crop season: Rabi

Key growing regions:

  1. Madhya Pradesh – Neemuch, Mandsaur, Guna, Rajgarh, Shajapur
  2. Gujarat – Rajkot, Surendranagar, Gondal, Junagarh, Jamnagar
  3. Maharashtra – Mumbai, Nanded, Bhandara
  4. Rajasthan – Ramganj, Kota, Jhalawar, Baran, Bundi

Production trend and Stock position:

  • Stock positions of Coriander seed were up by 7.54 percent held at National Commodity Clearing Limited (NCCL) approved warehouses at Gondal, Ramganjmandi and Kota locations. The stocks held as on November 19, 2020 was 3,509 MT compared to 3,263 MT as on October 11, 2020
  • As per Agriwatch website final production estimate of Coriander seed production for marketing year (MY) 2020-21 was estimated at 3.52 lakh metric tonnes (LMT) compared to previous year’s 2.68 LMT which was up by 31.34 percent.

Monsoon Update

For the country as a whole, Seasonal cumulative rainfall during this year’s southwest monsoon season upto November 18, 2020 was below Long Period Average (LPA) by 3%. Details of the rainfall distribution over the four broad geographical regions of India are given below:

Market commentary: Price outlook

  • Coriander Seed prices in physical markets are expected to be weak in the immediate / short term as according to media reports there has been subdued demand from market participants.
  • Coriander Seed prices are expected to trade from current levels of ₹ 6,500 per quintal to range bound.

More Articles for You

Weekly Maize (Corn) Report

Current Market Developments: Maize prices in the last couple of weeks have shown declining trend as buyers were reluctant to …

किसान सफलता कार्ड

भारत में कृषि वित्त कृषि व्यापार की एक आवश्यकता है। कृषि वित्त न केवल खेती, उत्पादन और फसलों के व्यापार …

Weekly Soybean Report

Current Market Developments: The adjacent Soybean price trend chart shows that prices has declined significantly in the last 10-12 days …

Indian Agri Finance System: Challenges & Opportunities

The importance of agri finance, especially in rural India, cannot be ignored. The structure of the agri finance system in …

Weekly Groundnut Report

Current Market Developments: Since last fortnight Groundnut prices in Gondal, Rajkot and Gadag spot markets have shown weak trend as …

Top Indian agritech trends 2023

The Indian agriculture sector is being immensely pressurized by issues of the increasing population, unfavorable climate occurrences, and land limitations. …

WhatsApp Connect With Us