NCDEX coriander hits 3% lower cap on weak demand.

Futures contracts of coriander hit their 3% lower circuit on the NCDEX because of subdued demand from overseas buyers and the spice industry. A rise in arrivals also weighed on the prices. The most active June contract was down 3% on the NCDEX. Arrivals in Kota, the benchmark market, were at 13,000 bags (1bag=40kg) up from 10,000 bags on previous close. In Kota, the Badami variety and the Eagle variety both down 200 rupees from the previous trading day.