Business
09 Jun, 2026
Coriander futures rise on higher demand
Business To Business, New Delhi, 9th June, 2026: Coriander futures prices moved higher on Tuesday, supported by increased buying from traders and firm conditions in the physical market.
Market Performance
On the National Commodity and Derivatives Exchange (NCDEX):
- Coriander contracts for August delivery rose by ₹48 per quintal.
- The futures price reached ₹12,882 per quintal.
- The gain amounted to 0.37%.
- Trading activity was recorded at 15,575 lots.
Factors Supporting Prices
Market analysts attributed the rise to:
- Strong demand in the spot market.
- Increased speculative buying and fresh positions by traders.
- Limited arrivals and restricted supplies from major coriander-producing regions.
Supply-Side Influence
Agricultural commodity prices often strengthen when:
- Market arrivals decline.
- Farmers hold back stocks in anticipation of higher prices.
- Demand from traders, processors, and exporters remains robust.
The current firmness in coriander prices reflects concerns over supply availability alongside healthy market demand.
Importance of Coriander in Commodity Markets
Coriander is one of India's major spice crops, with significant production in states such as:
- Rajasthan
- Madhya Pradesh
- Gujarat
Prices are influenced by factors including crop output, weather conditions, domestic consumption, export demand, and inventory levels.
Outlook
Traders will continue to monitor:
- Arrivals from producing regions.
- Weather conditions affecting crop prospects.
- Demand from spice processors and exporters.
- Overall sentiment in agricultural commodity markets.
If supplies remain tight and spot demand stays firm, coriander futures could continue to find support in the near term.