NCDEX coriander hits 7-week low as demand poor.

Futures contracts of coriander extended losses and hit a seven-week low on the NCDEX because of poor demand from domestic consumers. The fall in prices was also triggered by a 795-tn rise in inventories at exchange-designated warehouses to 23,987 tonne on. The most-active May contract on the NCDEX was down 2.25% from the previous close. In Kota, market in Rajasthan, the Badami variety and the Eagle variety both down 200 rupees. Arrivals were unchanged at 4,000 bags (1bag=40kg).