Increased stocks drags down Coriander futures
18/12/2014 12:07
Coriander prices fell by 0.51 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for December 2014 contract were trading at Rs. 12,421 per quintal, down by 0.51 per cent, after opening at Rs. 12,445 against the previous closing price of Rs. 12,485. It touched the intra-day low of Rs. 12,421 till the trading. (At 11.40 AM today).
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
18/12/2014 12:07
Coriander prices fell by 0.51 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for December 2014 contract were trading at Rs. 12,421 per quintal, down by 0.51 per cent, after opening at Rs. 12,445 against the previous closing price of Rs. 12,485. It touched the intra-day low of Rs. 12,421 till the trading. (At 11.40 AM today).
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
