We expect, NCDEX (National Commodities and Derivatives Exchange) Coriander futures may trade positive towards 7,350—7,550 Rupees per 100 kg (CMP: 7,150) in next 1-2 months on robust export demand and diminishing supplies.
However, going forward, the prices may take directions depending on production outlooks from Russia, Ukraine and Bulgaria. Domestic production will be sufficient for consumptions within the country so the exports in the second half will determine the prices.
