From freebie to luxury: Coriander prices spike after rain disrupts Nashik supply chain
- Source
- The Economic Times - Economy
- Source link
- https://economictimes.indiatimes.com/news/economy/agriculture/from-freebie-to-luxury-coriander-prices-spike-after-rain-disrupts-nashik-supply-chain/articleshow/133223540.cms
- Published
- 2026-08-13 19:26:53
- Discovered by ProcIntel
- 2026-08-13 20:25:13
- Category
- Regulation, Tariffs, Sanctions & Trade
- Geography
- India
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Fresh coriander prices have significantly increased due to heavy rains. Supplies from key producing regions like Nashik were disrupted by flooding. Wholesale prices reached ₹175 per kg, while retail prices climbed higher. Limited arrivals from Karnataka offered some relief but with lower quality. Transport disruptions further contributed to the sharp price movements this week.
Procurement Relevance Gate
- logistics_freight_transport (weight 12) — matched on "supply chain"
- weather_natural_hazard (weight 8) — matched on "flood"
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
- Initial Significance
- 1 · Low (11.0/100)
- Initial Confidence
- 2 · Low (25.5/100)
- Data sufficiency Whether enough structured evidence exists to trust this Signal's Initial Confidence reading. 'Sufficient' has no cap; 'Partial' and 'Insufficient' cap Confidence until more evidence is available; 'Not Assessed' means the Signal did not pass the Relevance Gate.
- Insufficient
- Strongest contributor
- Procurement Impact
- Limiting factor
- Geographic Breadth
Initial Significance Low (11.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Geographic Breadth (0.0/10 points). Initial Confidence Low (25.5/100, data sufficiency: Insufficient). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Specificity (0.0/20 points).
- No likely Event type matched; a low contextual baseline was applied.
- No eligible (non-geographic, non-fictional) entities were linked to this Signal.
- no confidence-specificity evidence (actor entity, date, quantified value, or concrete verb)
- no matched Event type
- no actor entities (only attribution/metadata, if any)
- no actor content-derived geography
- single source only
- Only source-level entity metadata was available.
- Only source-level geography metadata was available.
- Source metadata did not contribute to Initial Confidence.
Methodology signal_scoring_v1 — calculated 2026-08-13 20:25:13.