MUMBAI (Commoditiescontrol) - Sowing of coriander in Gujarat is lagging behind badly due to adverse weather conditions. So far, there is a decline of about 85 to 90 percent in sowing of coriander.
According to the data of State Agriculture Department, coriander has been sown in 2,200 hectares till date as compared to 22,600 hectares in the same period last year.
The traders of the state say that this time there was a deficiency of about 40 to 50 percent in monsoon, which can reduce the sowing of coriander by around 50 percent this year. Coriander has been sown in about 1,900 hectares of Saurashtra, the largest producing belt in the state, whereas about 21,100 hectares had been sown in the corresponding period of last year.
Sowing of coriander has also been started in Rajasthan and Madhya Pradesh. Despite this, there has been an increase of about Rs 400/500 per qunital in the prices. The main reason behind this is being said to be trailing behind of sowing in Gujarat.
In the international market, the coriander is now hovering at around USD 1.54 a kg, whereas in the same period last year, it was at 1.41. This means that there has been an increase of about 9 percent in the coriander prices.
However, at high prices buying have remained dull as stockists are not active. As a result, profit booking is being seen in the market, but the way, in which the sowing is lagging behind in the main producing areas, it is believed that coriander prices can stay firm in the coming time.
(By Commoditiescontrol Bureau)
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