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Spot Coriander Prices Recover on Domestic-Export Demand; Futures End Weak

29 Oct 2020 7:53 pm
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Mumbai (Commodities Control) - Spot coriander seems to be back in business! The spice was reportedly in demand from buyers of Karnataka, Delhi, Tamil Nadu, Gujarat and Maharashtra. Majority of demand was in medium and upper range coriander.

Traders confirm that two trade deals of nearly 350 quintals were booked for exports to Gulf nations. Higher quality supplies continue to be in short supply, which explains the higher rates. Meanwhile spot coriander was quoted Rs 50 per Quintal higher in Ramganj mandi on Thursday.

Trade was affected at Kota mandi due municipal corporation elections. This reflected in Ramganj’s trade as well.

Having said so, festive demand was evident in markets today while local mill demand was witnessed today.

Morning session at Ramganj mandi was strong, wherein Eagle and Badami varieties shot up. However prices were steady in M.P, while it upped Rs 50 per Quintal in Gujarat.

On NCDEX, November-December futures ended tad bit lower at Rs 6792 and Rs 6876 per Quintal, respectively.

Meanwhile Rajasthan’s Ramganj reported arrivals of 4200 bags, Baran mandi--1500 bags, Jaipur -- 1000 bags.

MANDI

Commodity

Type/Variety

29-Oct

28-Oct

Change

JAIPUR, Rajasthan

CORIANDER

BADAMI

6750-6900

6750-6850

50

(FINE GRADE)

EAGLE

7250-7600

7250-7600

0

PARROT

8400-8550

8400-8550

0

RAMGANJ MANDI, Rajasthan

BLACK

4550-4800

4550-4750

50

(loose price)

BADAMI

5500-5620

5500-5600

20

EAGLE

5950-6150

5900-6150

50

PARROT

7600-7800

7600-7800

0

Bikaner, Rajasthan

6000-6250

6000-6250

0

BADAMI

5450-5650

5400-5600

50

Kota, Rajasthan

EAGLE

5700-5850

5700-5850

0

PARROT

8000-8240

8000-8240

0

BARAN, Rajasthan

LOOSE

4700-4950

4700-4900

50

UPPER

6550-6850

6500-6850

50

(By Commoditiescontrol Bureau: +91-22-40015505)



       
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