Coriander dips on downbeat buying interest 27/11/2014

Coriander dips on downbeat buying interest
27/11/2014 11:49
Coriander prices fell by 0.37 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. 12,970 per quintal, down by 0.37 per cent, after opening at Rs. 12,985 against the previous closing price of Rs. 13,018. It touched the intra-day low of Rs. 12,890 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