Coriander falls by 0.28% on weak demand 17/06/2014

Coriander falls by 0.28% on weak demand
17/06/2014 12:29
Coriander prices fell by 0.28 per cent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX, coriander futures for June 2014 contract were trading at Rs. 10,120 per quintal, down by 0.28 per cent, after opening at Rs. 10,214 against the previous closing price of Rs. 10,148. It touched the intra-day low of Rs. 10,055 till the trading. (At 12.15 PM today). Sentiment weakened further as speculators reduced their positions on the back of sluggish demand in the market. Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian