Waning demand drags down Coriander futures
01/01/2015 16:13
Coriander prices fell by 2.89 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 January 2015 contract were trading at Rs. 11,275 per quintal, down by 2.89 per cent, after opening at Rs. 11,450 against the previous closing price of Rs. 11,611. It touched the intra-day low of Rs. 11,147 till the trading. (At 4.10 PM 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
01/01/2015 16:13
Coriander prices fell by 2.89 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 January 2015 contract were trading at Rs. 11,275 per quintal, down by 2.89 per cent, after opening at Rs. 11,450 against the previous closing price of Rs. 11,611. It touched the intra-day low of Rs. 11,147 till the trading. (At 4.10 PM 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
