Monday, 19 May 2014

Coriander futures decline on ample supply

Coriander futures traded down on NCDEX as speculators reduced positions amid higher supplies from producing regions. Further lower demand in the spot markets also put pressure on the prices.
The contract for May delivery was trading at Rs 9270.00,down by 0.27% or Rs 25.00 from its previous closing of Rs 9295.00. The open interest of the contract stood at 4350.00 lots.
The contract for June delivery was trading at Rs 9610.00, down by 0.27% or Rs 26.00 from its previous closing of Rs 9636.00. The open interest of the contract stood at 43600.00 lots on NCDEX.

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