Ahmedabad, June 25 (CommoditiesControl): Coriander arrivals in Saurashtra remained below 5000 bags today, continuing the trend of stable prices due to weak demand. Despite the steady arrivals, market prices showed no fluctuation.
Gondal Mandi, which reopened for coriander trading yesterday, saw the highest activity. In contrast, Rajkot Mandi experienced reduced arrivals as the market was closed in remembrance of the TRP Game Zone fire incident that occurred a month ago. This closure contributed to the lower coriander arrival in Rajkot.
Today's coriander arrivals across Saurashtra totaled approximately 4550 bags. Prices in the state ranged between Rs 1340 to Rs 1490 per 20 kg. This is a significant drop from Monday's arrivals, which saw 29000 bags entering the market.
Gondal Mandi reported the arrival of 20000 bags, including 5286 pending bags, which were traded today at prices between Rs 1341 to Rs 1701 per 20 kg. Meanwhile, Rajkot Mandi recorded the trade of 600 bags at prices ranging from Rs 1210 to Rs 1450 per 20 kg.
Other notable market activities included Jamjodhpur Mandi, which had an arrival of 400 bags, Junagadh Mandi with 1100 bags, Jetpur Mandi with 250 bags, and other markets collectively seeing approximately 2200 bags.
Dhaniya contract for JUL delivery settled at Rs 7420/quintal showing an rise of Rs 68 over previous close of Rs 7352/quintal,The contract moved in the range of Rs 7318-7470 for the day. Open interest decreased by -1705 MT to 26375 MT, while trading volume increased by 125 to 4255 MT.
Dhaniya contract for AUG delivery settled at Rs 7498/quintal showing an rise of Rs 50 over previous close of Rs 7448/quintal,The contract moved in the range of Rs 7424-7552 for the day. Open interest increased by 2040 MT to 5280 MT, while trading volume increased by 705 to 2790 MT.
Currently The spread between JUL and AUG contract is -78 Rs/quintal
Dhaniya stock in NCDEX accredited warehouse as on 25-Jun-2024, was 14687 MT
(By Commoditiescontrol Bureau: +91 9820130172)
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