Coriander Market Surges as Arrival Increases Post Mandi Reopening

Mumbai, May 13 (Commodities Control): In the wake of the reopening of mandis after two days, the coriander market witnessed a notable surge today, buoyed by increased arrival. Today's trading session on the NCDEX revealed significant movements in coriander contracts, particularly for May and June deliveries.

Dhaniya contract for MAY delivery settled at Rs 7132/quintal showing an fall of Rs -48 over previous close of Rs 7180/quintal,The contract moved in the range of Rs 7104-7240 for the day. Open interest decreased by -9815 MT to 1115 MT, while trading volume increased by 4870 to 9635 MT.

Dhaniya contract for JUN delivery settled at Rs 7240/quintal showing an fall of Rs -46 over previous close of Rs 7286/quintal,The contract moved in the range of Rs 7230-7352 for the day. Open interest increased by 8820 MT to 27515 MT, while trading volume increased by 5850 to 10505 MT.

Currently The spread between MAY and JUN contract is -108 Rs/quintal.

Dhaniya stock in NCDEX accredited warehouse as on 13-May-2024, was NA MT

(By Commoditiescontrol Bureau: +91 9820130172)