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Coriander slumps 1.44% on low demand

By Religare

Coriander prices fell by 1.44 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 August 2015 contract were trading at Rs. 10,382 per quintal, down by 1.44 per cent, after opening at Rs. 10,382 against the previous closing price of Rs. 10,534. It touched the intra-day low of Rs. 10,382 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

Story first published: Thursday, August 20, 2015, 23:00 [IST]
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