Coriander rises by 1.4% on restricted arrivals 12/11/2014

Coriander rises by 1.4% on restricted arrivals
12/11/2014 12:12
Coriander prices rose by 2.93 per cent on Wednesday 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. 12,202 per quintal, up by 1.4 per cent after opening at Rs. 12,101 against the previous closing price of Rs. 12,033. It touched the intra-day high of Rs. 12,236 till the trading. (At 12.10 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.