NCDEX coriander up as demand exceeds supply.
Ram Gopal Yadav (9 years ago)

The July coriander contract was up on the NCDEX because demand from domestic retailers exceeded the stocks available with farmers and stockists. The most-active July contract traded at 4,990 rupees per 100 kg, up 7 rupees from the previous close. India annual consumption of coriander is 320,000 tonne, and only half of it is left with stockists. In Kota, the benchmark market, the Badami variety of coriander traded at 5,700-5,850 rupees per 100 kg, while the Eagle variety was quoted at 5,900-6,000 rupees, both unchanged. Arrivals in Rajasthan were 3,800 bags (1bag=40kg), up 500 bags from previous close.

India coffee exports during Jan 1- Jun 15.
Ram Gopal Yadav (9 years ago)

The Coffee Board of India has finalised its crop estimate for 2015-16 at a record-high of 348,000 tonne, up from 327,000 tonne produced a year ago, but down from previous estimate of 350,000 tonne. The board has estimated the output for 2016-17 at 316,700 MT tonne, down 9% on year.

MCX cotton hits a 5-month low on higher output forecast.
Ram Gopal Yadav (9 years ago)

Futures contracts of cotton on the MCX hit a five-month low of 19,820 rupees per bale (1bales=170kg) in early trade due to expectations of higher domestic crop. Farmers in the country have sown cotton across 1.41 million ha as of Jun 8, up 42.4% on year. However, cotton June contract on the MCX recovered from the low and was trading at 19,960 rupees, up 0.5% from the previous close.