Shortage of stock shoots up coriander price @ Rs40/bunch

A bunch of coriander in wholesale market is selling out at Rs28, which is highest in last four years in the city. However, the same bunch is being sold at Rs35 to Rs40 at the local markets. 

The sellers and the authorities of Shree Chhatrapati Market have claimed that scorching summer and heavy rains have affected the production of leafy vegetables and coriander is one of them. Usually, three lakh coriander bunches arrive in the open market, which has now come down to 60,000, as a result the prices have gone up. Speaking to dna, wholesaler Dipak Dighe said, “Less amount of leafy vegetables are coming into the market and coriander is coming even lesser. At the open market rates varies from Rs20 to Rs28. However, same bunch is sold between Rs 35 and Rs40 at the domestic market.”

Dighe explains, “Coriander is a perishable crop. It cannot grow during summer or in the monsoons. As a result, the production went down which affected the market. Considering the present scenario, the rate of coriander will remain same for the next couple of days.”  in the open markets.”

Highest price in 10 yrs

A bunch of coriander in Manchar Market is now available at Rs80, which is highest in last 10 years.

Sachin Dhamdare of Manchar Market, said, “The bunch of coriander is different than what is available at the other markets. It is large in size and weight. On Tuesday, a bunch has been sold between Rs71 and Rs80.”

He added, “A large quantity of coriander is being supplied to Mumbai from Manchar Market, which will be sold at Rs100.”