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Spot Coriander Prices Rise amid Strong Demand from Spice Brands, Exporters & Tight Arrivals

26 Feb 2021 9:02 pm
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Jaipur (Commodities Control) - New coriander arrivals steadied in Rajasthan along with the mandis in Gujarat, Madhya Pradesh and Uttar Pradesh.The total arrivals around the season are generally seen at 80-85,000 bags, while the daily arrivals were witnessed at 60,000 bags through the week.
The ongoing week did not witness any rise in the arrivals, while the weather conditions have been favourable. Meanwhile demand has been on the rise.Stockists have been quite active, thus far. Demand is currently the primary driving factor for price rally in coriander. On an average all varieties of coriander surged by Rs 100/Quintal ,while new coriander rose by Rs 50-100 per Quintal today.

At the moment Rajasthan mandis are witnessing demand of 30-35,000 bags of coriander, while mandi arrivals fell short of 10,000 bags today. Traders revealed that all the coriander bags were auctioned out within 3 hours of opening at Ramganj and Kota mandi. Wholesale buyers from Delhi, Maharashtra, amil nadu, Maharashtra and Karnataka actively participated today at the mandis of Rajasthan. Nearly 19,500 bags of new coriander arrived in the markets today.Whilst old coriander was priced Rs 50 higher, new coriander shot up by Rs 100/Quintal.

Medium quality of new coriander reported highest demand, which aided demand in lower quality as well.Spice brands and exporters crowded the buying space and Black, Eagle, Badami and Scooter varieties were high on demand. At Ramganj mandi, new coriander was quoted between Rs 4300-4500/Quintal on the lower side and Rs 5850-6000/Quintal on the higher side.

Rajasthan mandis reported arrivals of 4,200 bags of old coriander. Ramganj mandi-- 11,200 bags, Kota mandi-- 2,600 bags, Baran mandi--1,650 bags and Jaipur mandi-- 1,000 bags.

MANDI

Commodity

Type/Variety

26-Feb

25-02-2021

Change

JAIPUR, Rajasthan

CORIANDER

BADAMI

6850-7150

6850-7100

50

(FINE GRADE)

EAGLE

7500-7700

7450-7700

50

PARROT

7950-8150

7950-8150

0

RAMGANJ MANDI, Rajasthan

BLACK

5200-5300

5200-5400

100

(loose price)

BADAMI

5500-5750

5500-5700

50

EAGLE

5800-6000

5800-5950

50

NEW LOWER

4300-4500

4300-4400

100

NEW HIGH

5850-6000

5850-5950

50

PARROT

7500-7600

7500-7600

0

Bikaner, Rajasthan

6300-6500

6300-6400

100

NEW LOWER

4300-4550

4300-4500

50

NEW HIGH

5650-5800

5650-5750

50

BADAMI

5500-5700

5500-5650

50

Kota, Rajasthan

EAGLE

5650-5800

5600-5800

50

PARROT

7600-7980

7600-7900

80

BARAN, Rajasthan

BADAMI

5690-5800

5650-5800

40

EAGLE

5850-6180

5850-6050

30


       
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