Coriander

Prices of coriander fell in Ramganj, in Rajasthan, on talks of cheap imports of the spice from Ukraine, Russia and Bulgaria. In Ramganj, the Badami variety of and Eagle variety coriander both down 100 rupees from previous close. Arrivals were unchanged at 8,000 bags (1 bag=40kg).

The prices of coriander rose in Kota, the benchmark market in Rajasthan, as arrivals halved to 2,000 bags (1bag=40kg). Prices of coriander also increased on expectations of lower output in 2016-17 (Oct-Sep). Traders have pegged India coriander output this year at 9 million bags, compared with 10 million bags a year ago. In Kota, the Badami variety of coriander and the Eagle variety both sold up 100 rupees from previous close.

Futures contracts of coriander hit their 3% lower circuit on the NCDEX today because of subdued demand from domestic consumers. The fall was also triggered by a 159-tn rise in inventories at exchange accredited warehouses to 25,984 tn. On the NCDEX, the most active May contract was down 2.3% from the previous close.

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).

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.

Futures contracts of coriander extended previous close losses and hit a six-week low on the NCDEX because of muted demand from domestic consumers. The fall in prices was also triggered by a 765-tn rise in inventories at exchange-designated warehouses to 22,167 tonne on previous close. The most-active May contract on the NCDEX was down 4 rupees from the previous close. In Kota, market in Rajasthan, the Badami variety and the Eagle variety of coriander both down 100 rupees from previous close. Arrivals in Kota were pegged at 3,000 bags (1bag=40kg) down 2,000-3,000 bags from the previous day.

Futures contracts of coriander on the NCDEX extended losses and hit a one-week low because of weak demand from domestic consumers. The fall in prices was also triggered by a 231-tonne rise in inventories at exchange-designated warehouses at 21,402 tonne on previous close. The most active May contract on the NCDEX was down 0.55% from the previous close. In Baran, wholesale market in Rajasthan, the Badami variety of coriander and the Eagle both sold unchanged from previous close. Arrivals were also unchanged at 6,000 bags (1bag=40 kg).

Futures contracts of coriander on the NCDEX were trading lower because of weak demand from domestic consumers. The fall in prices was also triggered by a 1,610-tn rise in inventories at exchange-designated warehouses to 20,196 tonne on previous close. The most active May contract on the NCDEX traded down 0.62% from the previous close. In Kota, the benchmark market in Rajasthan, the Badami variety of coriander and the Eagle variety both unchanged from previous close. Arrivals were pegged at 4,000 bags (1bag=40kg), down 2,000 bags from the previous day.

Futures contracts of coriander on the NCDEX were trading 1% lower because of weak demand from domestic retailers. The fall in prices was also triggered by a 518 tonne rise in inventories at exchange-designated warehouses to 18,586 tonne. The most active May contract on the NCDEX traded down 1% from the previous close. In Kota, the benchmark market in Rajasthan, the Badami variety of coriander and the Eagle variety both unchanged from previous close. Arrivals were pegged at 6,000 bags (1bag=40 kg) down 2,000 bags from the previous day.

Prices of coriander were down in Ramganj as arrivals were higher. In Ramganj, a key wholesale market in Rajasthan, the Badami variety of coriander and the Eagle variety both down 100 rupees from previous close. Arrivals in Ramganj were pegged at 20,000 bags (1bag=40kg) up 7,000 bags from the previous day.

Futures contracts of coriander on the NCDEX were up as investors covered their short positions after prices fell to a five-week low of 6,900 rupees per 100 kg on Tuesday. A 2,420-tn decline in open interest in the May contract indicated short covering. The most active May contract on the NCDEX traded up 0.2% from the previous close.

Futures contracts of coriander on the NCDEX hit their 4% lower circuit due to lack of demand from Stuckists. On the NCDEX, the most active May contract was down 2.9%. A rise in inventories at exchange warehouses also weighed on prices. Exchange-designated warehouses had 16,599 tonne of coriander, compared with 16,271 tonne on previous close. In Ramganj, a key market in Rajasthan, the Badami and Eagle variety of coriander was sold down 100-150 rupees from the previous close. Arrivals in Ramganj were pegged at 40,000 bags (1bag=40kg) unchanged from the previous day.

Indian coriander prices start decline on low export demand.

Coriander prices rise in Kota as arrivals half.

Indian coriander prices start decline on low export demand, currently Indian coriander offered at USD1200 per MT, facing stiff resistance from Russian & Romania coriander which was traded at USD 500 per tonne. This make lower export down by 21% YOY. Moreover, domestic arrival preasure also weigh on prices. Domestic prices at a level of Rs.6000-6300 per 100 kg would bring India back to export market.

Prices of coriander in Kota were up because arrivals declined. Arrivals in Kota halved to 5,000 bags (1bag=40kg).

NCDEX coriander at 3% lower limit as supply seen up.

Futures contracts of coriander hit the 3% lower circuit on the NCDEX because arrivals in Rajasthan markets are seen increasing. Arrivals are seen rising as harvesting of the new crop is in progress in Rajasthan and Gujarat. Weak demand from the local consumers also led to decline in coriander prices. On the NCDEX, the most active May contract was down 3%. Arrivals in Baran were pegged at 60,000 bags (1bag=40kg), up 18,000 bags from previous close.

Coriander contracts rise for the fourth consecutive week and hit a 10-week high on the NCDEX due to strong demand from domestic and overseas markets for the new crop. Arrivals at Kota were pegged at 8,000 bags (1bag=40kg), up 2,000 bags. On the NCDEX, the most-active April contract was up 1.3%.

NCDEX coriander hits 10 week high on strong demand.