Monday 5 May 2014

Coriander futures trade higher on pick-up demand

Coriander future traded up on NCDEX as speculators enlarged their positions, following a pick-up in spot demand. Moreover, buying support from retailers and stockiest against tight stocks due to fall in supplies from producing belts pushed up coriander prices in future trade.
The contract for May delivery was trading at Rs 9434.00, up by 0.16% or Rs 15.00 from its previous closing of Rs 9419.00. The open interest of the contract stood at 26520.00 lots.
The contract for June delivery was trading at Rs 9689.00, up by 0.37% or Rs 36.00 from its previous closing of Rs 9653.00. The open interest of the contract stood at 37560.00 lots on NCDEX.

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