Ahmedabad, April 19 (CommoditiesControl): Despite a reduction in coriander arrivals in the state, stable prices prevailed in the spot market due to limited demand.
Market observers are closely monitoring the expected arrivals in Gondal Mandi tomorrow, following last Friday's volume of 70,000 bags. However, traders suggest that significant arrivals are unlikely, with no major market movement currently visible. Export trade is also sluggish, with spice companies purchasing only necessary stock.
Today, around 15,000-16,000 bags of coriander, each weighing 40 kg, arrived in the state, maintaining stable prices compared to the previous average of Rs 1370-1570 per 20 kg.
In Gondal Mandi, 5,100 bags were traded at prices ranging from Rs 1441-1801. Similarly, in Rajkot Mandi, where 3,200 bags arrived, prices ranged from Rs 1250-1811.
Today's arrivals included 1,000 sacks in Halvad, 900 sacks in Jetpur, 2,900 sacks in Jamjodhpur, 1,250 sacks in Junagadh, 600 sacks in Amreli, 2,500 sacks in Jamnagar, 500 sacks in Dhangadhra, and 3,000 sacks in other mandis.
(1).jpeg)
Dhaniya contract for APR delivery settled at Rs 7154/quintal showing an fall of Rs -296 over previous close of Rs 7450/quintal,The contract moved in the range of Rs 7154-7460 for the day. Open interest decreased by -200 MT to 110 MT, while trading volume decreased by -130 to 25 MT.
Dhaniya contract for MAY delivery settled at Rs 7514/quintal showing an fall of Rs -114 over previous close of Rs 7628/quintal,The contract moved in the range of Rs 7480-7692 for the day. Open interest decreased by -690 MT to 25400 MT, while trading volume increased by 945 to 3300 MT.
Currently The spread between APR and MAY contract is -360 Rs/quintal.
Dhaniya stock in NCDEX accredited warehouse as on 19-Apr-2024, was NA MT
.jpeg)
(By Commoditiescontrol Bureau: +91 9820130172)
0 Comments 
Post Comment 
