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Spot Coriander Prices Drop amid Weak Arrivals, Negligible Festive Demand

26 Oct 2020 7:25 pm
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Mumbai (Commodities Control) - Spot coriander collapsed on Monday, tracking dullness on futures and in the morning session of spot auctions in the mandis. Ramganj mandi was shut today as well on account of Dussehra celebrations, thus no trade was witnessed here.

Meanwhile Kota, Baran and Jaipur mandis reported average arrivals and trade. Most of the buyers were still missing post Vijayadashami festivities. Even upper range quality coriander supplies were negligible in the mandis today.

The festive demand was weak on the first trading of the week. Traders confirmed that the bulk buyers were on the sidelines even at Gujarat, Maharashtra, Tamil Nadu and Madhya Pradesh along with Rajasthan mandis. Some local buying activity was registered. These buyers were active as per their immediate requirements, while bigger exporters and millers are in the wait-and-watch mode.

On Monday, Kota mandi witnessed arrivals of 1000 bags, 950 bags at Baran mandi, 800 bags--Jaipur mandi.

On NCDEX, November futures ended Rs 60 higher at Rs 6752 per Quintal and December futures settled flat.

MANDI

Commodity

Type/Variety

26-Oct

24-Oct

Change

JAIPUR, Rajasthan

CORIANDER

BADAMI

6700-6800

6750-6850

-50

(FINE GRADE)

EAGLE

7250-7500

7250-7550

-50

PARROT

8400-8500

8400-8550

-50

RAMGANJ MANDI, Rajasthan

BLACK

4520-4700

4520-4700

0

(loose price)

BADAMI

5500-5575

5500-5575

0

EAGLE

5850-6150

5850-6150

0

PARROT

7600-7800

7600-7800

0

Bikaner, Rajasthan

5900-6250

5950-6250

-50

BADAMI

5350-5550

5400-5600

-50

Kota, Rajasthan

EAGLE

5650-5850

5700-5850

-50

PARROT

8000-8240

8000-8200

40

BARAN, Rajasthan

LOOSE

4650-4900

4700-4900

-50

UPPER

6500-6800

6550-6800

-50



       
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