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Coriander falls by 0.46% on sluggish demand

By Religare

Coriander prices fell by 0.46 per cent on Friday 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 July 2013 contract was trading at Rs. 6,465 per quintal, down by 0.46 per cent, after opening at Rs. 6,481 against the previous closing price of Rs. 6,495. It touched the intra-day low of Rs. 6,430 till the trading (At 12.10 PM 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

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Story first published: Friday, June 28, 2013, 22:50 [IST]
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