You are here: Home » PTI Stories » National » News
Business Standard

Coriander futures slide 0.63 pc on muted demand

Press Trust of India  |  New Delhi 

Coriander prices were down by 0.63 per cent to Rs 7,244 per quintal in futures market today as speculators trimmed their positions, tracking subdued demand at the spot market.

Further, rising arrivals from major growing regions also weighed on coriander futures.



At the National Commodity and Derivatives Exchange, coriander prices for delivery in current month declined by Rs 46 or 0.63 per cent to Rs 7,244 per quintal with an open interest of 280 lots.

On similar lines, the spice for delivery in November traded lower by Rs 42, or 0.56 per cent to Rs 7,449 per quintal in 9,810 lots.

Market analysts said offloading of positions by participants due to subdued demand in the spot market against adequate stocks position, mainly influenced coriander prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Coriander futures slide 0.63 pc on muted demand

Coriander prices were down by 0.63 per cent to Rs 7,244 per quintal in futures market today as speculators trimmed their positions, tracking subdued demand at the spot market. Further, rising arrivals from major growing regions also weighed on coriander futures. At the National Commodity and Derivatives Exchange, coriander prices for delivery in current month declined by Rs 46 or 0.63 per cent to Rs 7,244 per quintal with an open interest of 280 lots. On similar lines, the spice for delivery in November traded lower by Rs 42, or 0.56 per cent to Rs 7,449 per quintal in 9,810 lots. Market analysts said offloading of positions by participants due to subdued demand in the spot market against adequate stocks position, mainly influenced coriander prices at futures trade. Coriander prices were down by 0.63 per cent to Rs 7,244 per quintal in futures market today as speculators trimmed their positions, tracking subdued demand at the spot market.

Further, rising arrivals from major growing regions also weighed on coriander futures.

At the National Commodity and Derivatives Exchange, coriander prices for delivery in current month declined by Rs 46 or 0.63 per cent to Rs 7,244 per quintal with an open interest of 280 lots.

On similar lines, the spice for delivery in November traded lower by Rs 42, or 0.56 per cent to Rs 7,449 per quintal in 9,810 lots.

Market analysts said offloading of positions by participants due to subdued demand in the spot market against adequate stocks position, mainly influenced coriander prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Coriander futures slide 0.63 pc on muted demand

Coriander prices were down by 0.63 per cent to Rs 7,244 per quintal in futures market today as speculators trimmed their positions, tracking subdued demand at the spot market.

Further, rising arrivals from major growing regions also weighed on coriander futures.

At the National Commodity and Derivatives Exchange, coriander prices for delivery in current month declined by Rs 46 or 0.63 per cent to Rs 7,244 per quintal with an open interest of 280 lots.

On similar lines, the spice for delivery in November traded lower by Rs 42, or 0.56 per cent to Rs 7,449 per quintal in 9,810 lots.

Market analysts said offloading of positions by participants due to subdued demand in the spot market against adequate stocks position, mainly influenced coriander prices at futures trade.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard