Coriander futures drop on easing demand
08/05/2015 12:01
Coriander prices fell on the National Commodity & Derivatives Exchange Limited (NCDEX) on Friday largely due to easing demand from retailers and stockists in the midst of adequate stocks. Increased arrivals from growing regions and weakening trend in futures market also put pressure on the coriander prices.
At the NCDEX, coriander futures for May 2015 contract was trading at Rs. 10,00 per quintal, down by 3.04 per cent after opening at Rs. 10,512 against the previous closing price of Rs. 10,623. It touched the intra-day low of Rs. 10,300 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.
08/05/2015 12:01
Coriander prices fell on the National Commodity & Derivatives Exchange Limited (NCDEX) on Friday largely due to easing demand from retailers and stockists in the midst of adequate stocks. Increased arrivals from growing regions and weakening trend in futures market also put pressure on the coriander prices.
At the NCDEX, coriander futures for May 2015 contract was trading at Rs. 10,00 per quintal, down by 3.04 per cent after opening at Rs. 10,512 against the previous closing price of Rs. 10,623. It touched the intra-day low of Rs. 10,300 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.
