Adequate Supplies Drag Down Coriander Futures

Coriander prices fell by 0.11 per cent on Friday at the National Commodity & Derivatives Exchange Limited as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for January 2016 contract were trading at Rs. 7,412 per quintal, down by 0.11 per cent, after opening at Rs. 7,500 against the previous closing price of Rs. 7,420. It touched the intra-day low of Rs. 7,405 till the trading.
Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market.

Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian

For Quick Trial – 8962000225 ✔
or mail us here:
✆ - 0731-6554125 | Toll Free - 1800-3010-2007
Give a Missed Call for Free Trial - 09699997717
NewerStories OlderStories Home