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Wednesday, July 12, 2017

Commodity Alert: NCDEX coriander rises over 1% on bargain buying



Coriander futures on the NCDEX were up over 1% today as investors bought the commodity after prices fell to a near one-week low of 4,867 rupees per 100 kg on Tuesday. Prices of coriander also gained due to a decline in supply at markets in Rajasthan. In Kota, the benchmark market, the Badami variety was quoted at 5,325 rupees per 100 kg, while the Eagle variety was sold at 5,675 rupees, both up 100 rupees from the previous day. Arrivals of coriander in Rajasthan were pegged at 7,200 bags (1 bag = 40 kg) today, down 1,300 bags from Tuesday. 



Source: Newswire














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