Demand woes drag down Coriander futures
29/10/2014 11:57
Coriander prices fell by 0.72 per cent on Wednesday 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 November 2014 contract were trading at Rs. 12,003 per quintal, down by 0.72 per cent, after opening at Rs. 12,140 against the previous closing price of Rs. 12,090. It touched the intra-day low of Rs. 11,977 till the trading. (At 11.45 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
29/10/2014 11:57
Coriander prices fell by 0.72 per cent on Wednesday 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 November 2014 contract were trading at Rs. 12,003 per quintal, down by 0.72 per cent, after opening at Rs. 12,140 against the previous closing price of Rs. 12,090. It touched the intra-day low of Rs. 11,977 till the trading. (At 11.45 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
