Coriander Closes Lower On Sluggish Demand

Coriander price closed lower by 3.99 per cent on Monday at the National Commodity & Derivatives Exchange Limited due to sluggish demand in the spot market in spite of higher arrival of the Agri-commodity from major producing belts.

At the NCDEX, coriander futures for April 2016 contract closed at Rs. 7,090 per quintal, down by 3.99 per cent, after opening at Rs. 7,225. It touched the intra-day low of Rs. 7,090.
The major producers of coriander in the world are India, Morocco, Canada, Romania, Russia and Ukraine. India is the biggest producer, consumer and exporter of coriander in the world with annual production of 3 lakhs tons.

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