Development News Edition
Give Feedback

Coriander futures fall 1.17 pc to Rs 5085 due to trimmed holdings

Further, increased arrivals from major producing belts weighed on the coriander futures.


PTI Last Updated at 03 Aug 2018, 12:08 IST India

Coriander prices fell 1.17 per cent to Rs 5,085 a quintal in futures market today as participants trimmed holdings in-line with subdued demand at the spot markets.

Further, increased arrivals from major producing belts weighed on the coriander futures.

At the National Commodity and Derivatives Exchange, coriander prices for delivery in September declined by Rs 60, or 1.17 per cent, to Rs 5,085 per quintal with an open interest of 28,170 lots.

Similarly, rates for this month were trading lower by Rs 55, or 1.08 per cent, to Rs 5,020 per quintal in 15,140 lots.

Market analysts attributed the fall in coriander futures to muted demand in the physical market against adequate stocks position on increased supplies from producing regions.

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


add banner

LEAVE COMMENT

Download our Android App on Google Play