Coriander rises on increased demand
Coriander prices rose by 0.75 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity. At the NCDEX, coriander futures for May 2014 contract was trading at Rs. 9,270 per quintal, up by 0.75 per cent after opening at Rs. 9,215 against the previous closing price of Rs. 9,181. It touched the intra-day high of Rs. 9,307 till the trading. (At 04.19 PM today).
Coriander prices rose by 0.75 per cent on Friday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity. At the NCDEX, coriander futures for May 2014 contract was trading at Rs. 9,270 per quintal, up by 0.75 per cent after opening at Rs. 9,215 against the previous closing price of Rs. 9,181. It touched the intra-day high of Rs. 9,307 till the trading. (At 04.19 PM today).
