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Coriander News - Mixed sentiment was witnessed in the Coriander spot market during the past week.
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Mixed sentiment was witnessed in the Coriander spot market during the past week.

Coriander buyers like exporters and stockists were reported inactive in the spot market as prices were already trading at all-time high, cash crunch in the market also monsoon season added the bearish sentiment, they are expecting some price correction for fresh buying positions. 
 
Coriander supply fell by 38.62% last week in the major spot markets, as stockists and farmers were holding their stocks in the spot market on expectations of further higher prices in coming days. Last year same period mostly market closed due to Covid-19 lockdown. Currently, at Kota spot market Coriander Eagle variety prices reported up by 58.82% as compared to last year same period. 
 
AgriWatch expects demand may remain good in the spot market in coming months as ending stocks for 2022-23 Marketing Year reported lower.