Coriander prices in the Kota market are trading at Rs 7,399 per quintal. Prices are expected to trade higher towards Rs 7,600, led by expected buying at lower price levels and a lean season. However, cheaper imports would limit the price gains.
Red chilli prices in Guntur are currently Rs 9,950 per quintal. Prices have corrected sharply in the past few weeks, on the back of new crop arrival s from Madhya Pradesh and weak demand. Prices are likely to decline further and could move towards Rs 9,800 in the coming days.
VP (Research) -Edelweiss Agri Services and Credit, Edelweiss Agri Value Chain