MUMBAI (Commoditiescontrol) - Spot coriander prices remained steady at major markets in Gujarat, Rajasthan and Madhya Pradesh on Wednesday amid matching demand and supply.
According to the sources, quality of coriander this season is very good due to which new spice when came to the Kota market, there prices were at Rs 4700/4800 which have presently increased till Rs 6500/6800. At that time about 75/80 lakh bags of old stock were left in the country. Currently, 30 lakh bags (of 40 kg each) from last year stock are said to be left.
As old stock availability is less, consistent rise in prices has been witnessed since last month.
Coriander futures traded up on NCDEX as participants enlarged their positions amid firm demand at the spot market. Besides, tight supply on account of restricted arrivals from major growing regions supported prices.
At the National Commodity and Derivatives Exchange (NCDEX), coriander for June delivery traded higher by Rs 156, or 2.13 percent, at Rs 7,491 per quintal with an open interest of 28,590 lots.
Rates of coriander:
|
Commodity
|
Market
|
Verity
|
Min (100/Kg)
|
Max (100/Kg)
|
Arrival
|
Bag Weight
|
|
Dhaniya
|
Kota
|
BADAMI
|
6600
|
6800
|
1500
|
40 kg
|
|
Dhaniya
|
Kota
|
EAGLE
|
6900
|
7100
|
|
40 kg
|
|
Dhaniya
|
Ramaganj
|
EAGLE
|
6700
|
7100
|
4500
|
40 kg
|
|
Dhaniya
|
Ramaganj
|
BADAMI
|
6300
|
6600
|
|
40 kg
|
|
Dhaniya
|
Baran
|
BADAMI
|
6600
|
6900
|
3000
|
40 kg
|
|
Dhaniya
|
Baran
|
EAGLE
|
7000
|
7200
|
|
40 kg
|
|
Dhaniya
|
Baran
|
SCOOTER
|
7500
|
7600
|
|
40 kg
|
|
Dhaniya
|
Rajkot
|
BAGAMI (20 Kg)
|
1290
|
1340
|
400
|
40 kg
|
|
Dhaniya
|
Rajkot
|
EAGLE (20 Kg)
|
1340
|
1390
|
|
40 kg
|
|
Dhaniya
|
Rajkot
|
SCOOTER (20 Kg)
|
1390
|
1440
|
|
40 kg
|
|
Dhaniya
|
Gondal
|
SCOOTER (20 Kg)
|
1420
|
1460
|
4000
|
40 kg
|
|
Dhaniya
|
Gondal
|
EAGLE + (20 Kg)
|
1370
|
1420
|
|
40 kg
|
|
Dhaniya
|
Gondal
|
Super Quality (20 Kg)
|
1510
|
1560
|
|
40 kg
|
(By Commoditiescontrol Bureau)
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