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Spot Coriander Down At Guna On Sluggish Demand

22 Jan 2020 7:41 pm
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MUMBAI (Commoditiescontrol) - Spot coriander/dhania prices moved lower by Rs 100 per qjuintal at the major Guna, market in Madhya Pradesh on Wednesday because of sluggish demand from local stockists and amid better prospects for the crop.

Arrivals today stood at 3,900 bags. According to traders, the sowing has been good in Gujarat and Madhya Pradesh, which has boosted the new crop estimates. While the carry over stock is likely to be only half of last year as the crop fell over 20 percent to 567,000 tonnes in 2019.

Total area sown under coriander in Gujarat, was at 82,292 hectares as on January 20 in the current 2019-20 rabi season as against 29,630 hectares in the same period last year, as per the state agriculture department's data.

At the National Commodity and Derivatives Exchange (NCDEX), coriander for delivery in April ended lower by Rs 101 or 1.46 percent at Rs 6,831 per quintal after moving in the range of Rs 6,950 and Rs 6,818 per quintal.

ommodity

Market

Variety

Min

Max

Min Previous Day

Max Previous Day

Change(Max Today-Prev Max)

Arrival

Dhaniya

Guna

BADAMI

5800

6000

6000

6100

-100

2500

Dhaniya

Guna

SCOOTER

6700

6900

6800

7000

-100

Dhaniya

Guna

EAGLE

6300

6600

6300

6600

0

Dhaniya

Kota

BADAMI

5400

5700

5500

5800

400

Dhaniya

Kota

Eagle

5700

6000

5800

6100

Dhaniya

Baran

BADAMI

5900

6000

5900

6000

0

1000

Dhaniya

Baran

EAGLE

6200

6300

6200

6300

0

Dhaniya

Rajkot

BADAMI (20 Kg)

1110

1160

...


       
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