NCDEX coriander contracts fall 2% as imports rise.

The futures contracts of coriander fell around 2% on the NCDEX due to increase in imports. Higher availability of imported coriander in the spot markets in anticipation of improvement in domestic demand during the festival season is likely to weigh further on the coriander futures. India’s coriander imports from Bulgaria are estimated to have jumped 70% in August to around 6,800 tn due to lower price of the grain in global markets.