India 2017-18 mustard crop seen dn 10% at 5.9 mln tn

India’s mustard output in 2017-18 (Jul-Jun) is seen falling nearly 10% to 5.9 mln tn due to a decline in acreage amid dry weather conditions. Mustard acreage in the ongoing rabi season has declined due to low moisture level on the back of prolonged dry spell in key growing areas. Diversion of sown area to chana due to better realisation in the previous season had a negative impact on mustard acreage

Coriander prices flat in Kota on low demand, supply

rices of coriander were unchanged in Kota, the benchmark market, as lower arrivals were offset by poor demand for the spice. Demand for the spice is likely to remain weak in the near term due to higher moisture content in the new crop. The most active April contract of coriander on NCDEX was down 0.2%