Coriander contracts rise for the third consecutive week and hit eight-week high due to lower arrivals and as demand from domestic and overseas markets rise. Arrivals at Kota were pegged at 6,000 bags (1bag=40kg), down 2,000 bags from the previous day. On the NCDEX, the most-active April contract was up 0.5%.
NCDEX coriander hits 8-week high as arrivals decline.
NCDEX coriander hits 8-week high as arrivals decline.
NCDEX coriander hits 8-week high on rising demand.
Futures contracts of coriander on the NCDEX extended gains and hit an 8-week high as demand from domestic and overseas markets rise. Arrivals at Baran were pegged at 5,000 bags (1bag=40kg), up 3,000 bags from previous day. On the NCDEX, the most-active April contract was up 0.4%.
NCDEX coriander hits 8-week high on rising demand.
NCDEX coriander hits 8-week high on rising demand.
NCDEX coriander hits 8-week high on slump in arrivals.
Futures contracts of coriander on the NCDEX rise to an 8-week high of tracking spot prices. Spot prices of the spice rise due to a slump in arrivals of the commodity. Arrivals in Kota become half 7,000 bags (1bag=40kg) from 15,000 bags.
NCDEX coriander hits 8-week high on slump in arrivals.
NCDEX coriander hits 8-week high on slump in arrivals.
NCDEX coriander up for 3rd week as exports seen strong.
Futures contracts of coriander on the NCDEX rise for the straight third week due to expectations of strong export demand. The most active April contract of coriander on the NCDEX, up 0.2%. Arrivals of coriander in Kota were unchanged at 45,000 bags (1bag=40 kg).
NCDEX coriander up for 3rd week as exports seen strong.
NCDEX coriander up for 3rd week as exports seen strong.
NCDEX coriander hits 7-week high as output seen down.
Futures contracts of coriander on the NCDEX extended gains with the April and May contracts hitting seven-week high because of rise in demand and as production is seen lower in 2016-17 (Oct-Sep). Most-active April contract on the NCDEX traded up 0.83% from previous close. Arrivals in Kota were unchanged at 10,000 bags (1bag=40kg).
NCDEX coriander hits 7-week high as output seen down.
NCDEX coriander hits 7-week high as output seen down.
NCDEX coriander hits 7-week high as output may fall.
Futures contracts of coriander on the NCDEX extended gains and hit a 7-week high because of increased demand and lower crop forecasts for 2016-17 (Oct-Sep). Coriander output is estimated at around 320,000 tonnes in 2016-17, down 20% from 400,000 tonnes last year. The most-active April contract on the NCDEX traded up 1.6% from previous close. Arrivals in Kota were pegged at 10,000 bags (1bag=40kg) down from 2,000 bags.
NCDEX coriander hits 7-week high as output may fall.
NCDEX coriander hits 7-week high as output may fall.
NCDEX coriander hits 6 week high as output may fall.
Futures contracts of coriander on the NCDEX extended gains and hit a 6-week high because of a likely decline in output in 2016-17 (Oct-Sep). The most active April contract on the NCDEX traded up 0.5%. Coriander output may be hit due to the late onset of winter followed by lower than normal temperatures in Rajasthan in mid-January and on expectation of above-normal temperatures later this month. Arrivals in Rajasthan were pegged at 45,000 bags (1bag=40kg) up 13,000 bags.
NCDEX coriander hits 6 week high as output may fall.
NCDEX coriander hits 6 week high as output may fall.
NCDEX coriander hits 6 week high as arrivals decline.
Futures contracts of coriander on the NCDEX hits 6 week high because of low arrivals at the benchmark market in Rajasthan. The most active April contract on the NCDEX traded up 0.33%. Arrivals in Rajasthan were pegged at 32,000 bags (1bag=40kg) down 18,000 bags. Likely decline in coriander output in 2016-17 (Oct-Sep) is also seen contributing to the rise in prices.
No damage from rains so far for coriander; concerns remain.
Unseasonal rains in Rajasthan over the last three days have not caused much damage to the coriander crop so far but likely spells of heavy rainfall in the key growing areas pose a threat. 30-40% of the mature coriander crop still standing and forecast of rainfall this month has kept growers and traders on edge about likely damage to the harvest. Coriander crop in some areas of Jodhpur and Barmer districts in the state may see some quality erosion in the form of discoloured grains though the production volume may remain unchanged. Rainfall in Rajasthan is likely to bring colour variations in the standing crop of Badami and Eagle varieties of coriander.
NCDEX coriander hits 6 week high as arrivals decline.
NCDEX coriander hits 6 week high as arrivals decline.
No damage from rains so far for coriander; concerns remain.
No damage from rains so far for coriander; concerns remain.
NCDEX coriander at 3% upper limit and rain may hit crop.
Futures contracts of coriander on the NCDEX extended gains from Friday and hit the 3% upper circuit as untimely rainfall in the last two days in Rajasthan is likely to affect quality of the standing crop. The most-active April contract of coriander traded on the NCDEX, up 3%. Likely decline in coriander output in 2016-17 (Oct-Sep) is also seen contributing to the rise in prices. Arrivals of coriander in Kota were unchanged at 10,000 bags (1bag=40kg).
NCDEX coriander at 3% upper limit and rain may hit crop.
NCDEX coriander at 3% upper limit and rain may hit crop.