Coriander futures edge higher on pickup in demand 29/04/2015

Coriander futures edge higher on pickup in demand
29/04/2015 11:49
Coriander futures edged higher on the National Commodity & Derivatives Exchange Limited (NCDEX) on account of pickup in demand in the spot market. Further, tight supplies due to fall in arrivals from producing belts too added pressure on the prices.
At the NCDEX, coriander futures for May 2015 contract was trading at Rs. 10,270 per quintal, up by 1.85 per cent after opening at Rs. 10,130 against the previous closing price of Rs. 10,083. It touched the intra-day high of Rs. 10,370 till the trading. (At 11.45 AM today).
Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian cuisine.