NCDEX coriander extends losses on short selling.

Futures contracts of coriander on the NCDEX extended losses as investors created sell positions after the October contract hit a one-week high. Prices also declined due to ample availability of coriander in the spot markets owing to higher carryover stocks from last year and recent imports from Russia and Ukraine. Prices are steady in the key spot market of Ramganj, Rajasthan, as supply was sufficient to meet demand. Arrivals of the spice in Ramganj were pegged at 5,000 bags (1 bag = 40 kg), up 500 bags from the previous day.