Indore soybean up on improved demand from millers

Prices of soybean rose in Indore owing to improved demand from oil millers and crushers. Indore market, soybean was selling at 3,575-3,625 rupees per 100 kg, up 25-30 rupees. A fall in arrivals amid higher demand from stockists also supported prices.

Coriander up in Ramganj on low supply of new crop.

Prices of coriander rose in the key market of Ramganj, Rajasthan, due to limited supply of good quality new crop harvested this year on the back of lower production. In Kota, the badami variety was sold at 5,200 rupees per 100 kg and the eagle variety was quoted at 5,500 rupees, both up 50-100 rupees from previous close. Coriander futures may continue to rise for the fifth consecutive week and move towards 4,900 rupees per 100 kg due to a decline in arrivals. The most active August contract of coriander on NCDEX was up 0.6%.