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Key Takeaway
- Market Price Driving Factors: The price of Coriander (Chennai) is influenced by domestic coriander production, acreage, seasonal arrivals, crop conditions, and the availability of quality coriander seed. Key demand drivers include domestic consumption, spice-processing requirements, export demand, and buying activity from traders, processors and exporters. Quality factors such as seed size, colour, cleanliness, moisture content, aroma and overall grade can affect price differentials. Weather conditions, farmer selling patterns, inventory levels, stock availability, prices in major producing markets, competing origins, transportation costs and currency movements can further influence market sentiment and contribute to price volatility.
About This Dataset
Coriander (Chennai) refers to coriander seed traded in the Chennai market of Tamil Nadu. The quoted value represents the monthly average domestic market price in ₹/kg and serves as an indicative benchmark for coriander seed prices in the Chennai market. Actual prices may vary based on quality, grade, origin and prevailing market conditions.
Methodology
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