Tuesday 2 July 2013

Coriander futures decline on aggressive sell off

Coriander futures declined on NCDEX, due to aggressive sell off and heavy arrivals in spot markets. Ample supply in the domestic market, sluggish demand from domestic and export buyers are likely to keep prices under pressure.

The contract for July delivery was trading at Rs 6587.00, down by 0.65 % or Rs 43.00 from its previous closing of Rs 6630.00. The open interest of the contract stood at 16370.00 lots.

The contract for August delivery was trading at Rs 6672.00, down by 0.67 % or Rs 45.00 from its previous closing of Rs 6717.00. The open interest of the contract stood at 17520.00 lots on NCDEX.

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