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Market Updates:

  • NCDEX spot prices at the Gondal market declined to INR 7,744 per 100 Kgs.
  • In Kota, a key trading centre in Rajasthan, the Badami variety was sold at INR 6,650 per 100 kgs and the eagle variety at INR 7,150 per 100 kgs.
  • According to data from Spices Board India, coriander export in financial year 2023-24 from Apr to Sep is 71,931 tonne, up by 230% from 21,775 tonne during same period last year.
  • As per Gujarat govt, Coriander sowing in the state as on 04th Dec is 97,805 hectares, down by 44% from 1,75,854 hectares at same time last year.
  • As per Rajasthan govt, Coriander sowing in the state as on 04 Dec is 42,362 hectares, up by 10% from 38,312 hectares at same time last year.
  • In Madhya Pradesh growing regions like Neemuch, coriander sowing has begun; 20% to 25% of the sowing has been finished. In Rajasthan, around 15% to 20% sowing completed, area likely to shift towards Chana, Mustard, Wheat etc.