Coriander rises by 0.57% on surge in demand 14/11/2014

Coriander rises by 0.57% on surge in demand
14/11/2014 12:05
Coriander prices rose by 0.57 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for November 2014 contract was trading at Rs. 12,097 per quintal, up by 0.57 per cent after opening at Rs. 11,995 against the previous closing price of Rs. 12,028. It touched the intra-day high of Rs. 12,097 till the trading. (At 12.00 PM today).
Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity.
Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian cuisine.