Prices of coriander rose in the key wholesale market of Kota due to a fall in arrivals during the day. The anticipation of a fall in area under the spice crop in the upcoming sowing season also supported the prices.
Most seen up on export demand; coriander down
Futures contracts of all spices, except coriander, are expected to trade higher on domestic exchanges next week due to a rise in export demand.Bucking the trend, contracts of coriander NCDEX are expected to decline because of huge inventories of around 8 mln bags from the last season. Regular imports of coriander from Russia, Ukraine, and Bulgaria, due to higher domestic prices, will also weigh on sentiment.
Coriander up on NCDEX tracking spot markets
Futures contracts of coriander on the NCDEX ended over 2% higher tracking gains in key spot markets of Rajasthan. Prices of the spice rose in the state because of lower arrivals and a likely decline in acreage this rabi season. Total arrivals of the spice in Rajasthan were pegged at 6,000 bags down around 2,000 bags from the previous day.
Coriander prices rise in Kota as acreage seen down.
Coriander prices rise in Kota as acreage seen down.
Coriander futures slide 1.27% on subdued demand.
Coriander futures slide 1.27% on subdued demand.
Delhi coriander prices eases on subdued demand.
Delhi coriander prices eases on subdued demand.
NCDEX coriander hits 1-month high on bargain buying.
NCDEX coriander hits 1-month high on bargain buying.
NCDEX coriander falls over 1% on profit booking.
NCDEX coriander falls over 1% on profit booking.
Coriander rises by 1.50% on spot demand, tight supplies.
Coriander rises by 1.50% on spot demand, tight supplies.
NCDEX coriander up over 1% as inventories fall.
NCDEX coriander up over 1% as inventories fall.
NCDEX coriander up nearly 2% as inventory falls.
NCDEX coriander up nearly 2% as inventory falls.
NCDEX coriander down after prices hit 1-week high.
NCDEX coriander down after prices hit 1-week high.
NCDEX coriander dn 1% on weak export, high supplies.
NCDEX coriander dn 1% on weak export, high supplies.
Coriander down in Kota on ample stock, low demand.
Coriander down in Kota on ample stock, low demand.
NCDEX coriander hits 3% upper cap on short covering.
NCDEX coriander hits 3% upper cap on short covering.
India coriander hits 3% lower limit on weak export data.
India coriander hits 3% lower limit on weak export data.
Delhi coriander rise on fall in supply.
Delhi coriander rise on fall in supply.
India coriander futures soften hit by muted demand.
India coriander futures soften hit by muted demand.
NCDEX coriander at 3% lower limit on profit booking.
NCDEX coriander at 3% lower limit on profit booking.
Coriander rises 1.13% on spot demand, tight supplies.
Coriander rises 1.13% on spot demand, tight supplies.