Dhaniya Report as On 26th May 2026 by Amit Gupta- Kedia Advisory
* Dhaniya prices hit record 13,800 levels amid aggressive fresh buying and tightening overall market supplies.
* In May, open interest has gained over 5% from April, the highest in last 1 year of 31430 lots and prices gained 1.63% indicating Fresh Buying.
* Structural supply shortages pushed NCDEX coriander futures toward historic highs during April and early May trading.
* Carryover stocks plunged 44% to 20 lakh bags, sharply tightening second-half domestic coriander availability.
* Dhaniya arrivals during May 1-25 declined 68% monthly, supporting stronger near-term market sentiment significantly.
* Production estimates remain 10–15% lower annually due to reduced acreage and weaker crop yields.
* Deficit monsoon forecast at 92% LPA could trigger another substantial coriander price rally ahead.
* German coriander imports expanded over 12%, reflecting resilient global retail and spice consumption demand growth.
* Rupee depreciation near record lows improved export competitiveness for Indian coriander in international markets significantly.
* Expected stock depletion below 15 lakh bags may trigger substantial scarcity premiums by October 2026.
* Red Sea shipping disruptions improved export opportunities for Indian coriander in premium UAE destination markets.
* Eastern European coriander production reportedly declined 10%, potentially tightening global spice market availability further.
* Dhaniya prices corrected over 10% after traders booked profits aggressively near record-high market levels.
* Higher prices encouraged farmers and stockists to release inventories, temporarily increasing immediate physical market supplies.
* NCDEX coriander warehouse stocks surged over 150% monthly, indicating rising exchange-level market availability currently.
* Dry weather conditions maintained superior seed quality, reducing scarcity premiums for premium-grade coriander varieties.
* Stable weather forecasts reduced risk premiums linked to unseasonal rainfall concerns across key producing regions.
APY& Arrivals
