Limited stocks lift Coriander futures 21/10/2014

Limited stocks lift Coriander futures
21/10/2014 11:48
Coriander prices rose by 1 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for November 2014 contract was trading at Rs. 12,070 per quintal, up by 1 per cent after opening at Rs. 11,907 against the previous closing price of Rs. 11,951. It touched the intra-day high of Rs. 12,118 till the trading. (At 11.45 AM today).
Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity.
Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian cuisine.

Coriander falls by 1.01% on sluggish demand 20/10/2014

Coriander falls by 1.01% on sluggish demand
20/10/2014 11:50
Coriander prices fell by 1.01 per cent on Monday 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 October 2014 contract were trading at Rs. 11,607 per quintal, down by 1.01 per cent, after opening at Rs. 11,700 against the previous closing price of Rs. 11,725. It touched the intra-day low of Rs. 11,606 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