NCDEX coriander up on short covering, low crop view.

Futures contracts of coriander on NCDEX rose as investors covered their short positions after prices hit a six-week low on previous close. The most-active May contract on the bourse was up 0.5% from previous close. Anticipation of decline in production in 2016-17 (Oct-Sep) also boosted coriander prices. In Kota, market in Rajasthan, the Badami variety and Eagle variety of coriander both up 200-300 rupees from previous close. Arrivals in Kota were at 4,000 bags (1bag=40 kg), up 1,000 bags from previous day.