NCDEX coriander ends at 3-week low as stocks surge

Coriander futures on NCDEX ended at a three-week low of 5,025 rupees per 100 kg because of a rise in inventories. The most active May contract ended 1.5% lower from the previous close. A decline in exports and higher carryover stocks led to a rise in total inventory to such a level that stockists do not have enough space at warehouses to store new stocks. Prices also fell in the benchmark market of Kota, Rajasthan, despite a decline in arrivals.