Coriander closed lower on sufficient arrivals

Posted By: Religare
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Coriander prices closed lower by 0.2 per cent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the demand for the commodity in the market against the adequate supply of coriander from the producing belts.

At the NCDEX, coriander futures for October 2012 contract closed at Rs. 4,085 per quintal, down by 0.2 per cent, after opening at Rs. 4,091 against the previous closing price of Rs. 4,093. It touched the intra-day low of Rs. 4,063.

Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian cuisine.

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