Coriander

Futures contracts of coriander on NCDEX fell because of expectations of a rise in supply in spot markets. The most-active April contract on the bourse traded at 6,108 rupees per 100 kg, down 0.4% from previous close. Supply in Rajasthan may rise in coming days as NCDEX has marked 6,550 tn of coriander for staggered delivery in the January contract.

Futures contract of coriander on the NCDEX hit a two-week high of 5,714 rupees per 100 kg today due to expectations of lower rabi output following an over 40% decline in acreage. The most active January contract of coriander on the NCDEX was at 5,685 rupees per 100 kg, up 1.9% from the previous close. Lower moisture and unfavourable weather conditions have been witnessed in major states (Gujarat and Rajasthan), which may reduce the yield of coriander seeds.

Futures contracts of coriander on NCDEX gained nearly 2% as investors covered their short positions after prices hit a three-week low of 5,222 rupees per 100 kg. The most active January contract of coriander on the NCDEX traded at 5,365 rupees per 100 kg, up 1.6% from the previous close. The rise in prices was also because of expectations of a smaller crop in 2017-18 (Oct-Sep) as farmers shifted to other lucrative crops in Gujarat.

Prices of coriander were down in the benchmark market of Kota, Rajasthan, due to an increase in arrivals and sluggish demand from stockists. The most active January contract of coriander on the NCDEX was down 1.1%.

Futures contracts of coriander on the NCDEX fell as arrivals increased in the spot markets. The April contract of coriander on the NCDEX was down 0.3%. Demand for the spice remained sluggish as stockists await new crop arrivals.

Prices of coriander fell in the benchmark wholesale market of Kota, Rajasthan, due to an increase in arrivals. The most active January futures contract of coriander on NCDEX traded at 5,455 rupees per 100 kg, down 1.6% from the previous close.

Prices of coriander rose at the benchmark market of Kota in Rajasthan due to a fall in arrival and firm demand from spices makers. Upside in prices however, is likely to remain limited due to higher carryover stocks. The most active January contract of coriander on NCDEX traded at 5,560 rupees per 100 kg, up 0.8% from the previous close.

Coriander and jeera prices fell by Rs 100 per quintal at the wholesale kirana market in the national capital today on easing demand from retailers and stockists amid adequate stocks. Besides, fresh arrivals from producing regions and weakening trend in futures market put pressure on the select spice prices. Coriander prices declined by Rs 100. Coriander futures fall 1.88% on weak demand.

The January contract of coriander on NCDEX was up over 1% as investors covered their short positions after it hit a one-week low. A 760-tn decline in open interest in the contract to 34,440 tn indicated short covering. The most-active January contract on NCDEX traded at 5,535 rupees, up 1.2% from previous close.

Coriander prices fell 1.87 per cent to Rs 5,501 a quintal in futures market as participants cut bets amid muted domestic and export demand against ample stocks position. Profit-booking at higher levels also weighed on traders’ sentiment. At National Commodity and Derivatives Exchange, coriander futures prices for delivery in January declined by Rs 105, or 1.87 per cent, to Rs 5,501 per quintal, with an open interest of 35,550 lots.

Prices of coriander rose in Kota, Rajasthan because of a rise in domestic demand from retailers and as acreage in Gujarat is expected to decline this season. Prices also gained because imports from Russia and Bulgaria are expected to decline as global prices rose to $420 per metric tonne from $400 in August, making overseas purchases less attractive.

Futures contracts of coriander on NCDEX fell as investors added short positions after prices hit an over seven-month high. Prices also slumped on expectations of a rise in arrivals in spot markets as the bourse has marked 1,240 metric tonne of coriander for staggered delivery in December. The most-active January contract of coriander on NCDEX was down 0.4% from previous close.

Futures contracts of coriander on the NCDEX rose for the third consecutive day and gained over 2% on the back of higher demand from domestic retailers amid a decline in acreage this season. The most-active January contract of coriander on the NCDEX was up 2.3% from the previous close.

Futures contracts of coriander on NCDEX rose 1% because the area under the spice in the current season declined, as farmers have shifted to other lucrative crops. The most active January contract of coriander on NCDEX was up 1% from the previous close. In Gujarat, the second-largest producer of coriander, the commodity was sown across 67,500 ha, 43% lower on year.

The most-active January contract of coriander on NCDEX traded down because investors booked profits after prices hit a one-week high. The January contract traded down 0.2% from the previous close. Higher carryover stocks and medium quality of the spice kept prices in a range despite acreage being expected to decline.

Prices of coriander rose in Kota–the benchmark market in Rajasthan–as acreage in the top producing state is likely to halve this rabi season. Prices also gained as imports from Russia and Bulgaria are expected to decline as global prices have risen to $420 per metric tonne from $400 in August.

Futures contracts of coriander on NCDEX hit the 3% lower circuit as investors booked profits after prices hit a one-week high. The most-active January contract of coriander traded down 2.95% from the previous close. Coriander prices are also under pressure due to muted demand and ample supply.

The January contract of coriander on NCDEX was up nearly 2% as investors bought the commodity after prices fell to a two-week low. The most-active January contract of coriander was at 5,425 rupees, up 1.8%. Prices also rose as acreage under coriander is likely to decline this rabi season as farmers have shifted to others crops following unattractive returns last year.

Prices of coriander rose in major spot markets of Rajasthan as arrivals halved to 4,200 bags (1 bag = 40 kg). Prices also gained due to a likely drop in acreage this rabi season as farmers shifted to others crops following unattractive prices last year.

Futures contracts of coriander on the NCDEX were down because of a rise in inventory at exchange-accredited warehouses. The most-active January contract of coriander was down 0.9% from Friday’s close.