New Document top_band
 
Business Standard

Coriander down 2% on profit-booking

The commodity for November delivery declined by 1.74%

Related News

prices fell by 2% to Rs 5,570 per quintal in futures trade today as speculators booked profits at existing higher levels on falling demand in spot markets against increased arrivals.

Besides, sluggish demand in the physical market also weighed on prices.

At the Multi Commodity Exchange, coriander for delivery in October fell by Rs 114, or 2%, to Rs 5,570 per quintal with an open interest of 21,440 lots.

The commodity for November delivery declined Rs 102, or 1.74%, to Rs 5,730 per quintal with an open interest of 5,020 lots.

Market analysts said besides profit-booking by speculators at existing higher levels, sluggish demand in the spot market mainly attributed fall in coriander prices.

Read more on:   
|

Read More

Indian oilmeal exporters concerned about Iran

Iran has emerged as the largest buyer of Indian oilmeal, the commodity used largely as bird and animal feed

Quick Links

 

Market News

Nafed seeks a 12% cut in NSEL dues

Argues that NSEL procured low quality cotton resulting into losses of Rs 12 cr to Nafed

Uttarakhand to impose 2% entry tax on sugar

Move to stop units from buying commodity from Uttar Pradesh

Markets end at record closing highs

Sensex gained over 100 points and ended at 26147.33 while the Nifty ended 27 points higher at 7,795.75.

Sensex up 100 points; Infy, TCS up 2%

Sesnex is up 93 points at 26,119 and Nifty is up 18 points at 7,786 levels

Atul Limited soars over 10% on robust Q1 earnings

Q1 net profit up 48% at Rs 59.78 crore against Rs 40.45 crore in the corresponding quarter previous year.

Back to Top