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Spot Coriander Prices Remain Steady On Demand-Supply Parity

15 May 2019 8:07 pm
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MUMBAI (Commoditiescontrol) - Spot coriander prices remained steady at major markets in Gujarat, Rajasthan and Madhya Pradesh on Wednesday amid matching demand and supply.

According to the sources, quality of coriander this season is very good due to which new spice when came to the Kota market, there prices were at Rs 4700/4800 which have presently increased till Rs 6500/6800. At that time about 75/80 lakh bags of old stock were left in the country. Currently, 30 lakh bags (of 40 kg each) from last year stock are said to be left.

As old stock availability is less, consistent rise in prices has been witnessed since last month.

Coriander futures traded up on NCDEX as participants enlarged their positions amid firm demand at the spot market. Besides, tight supply on account of restricted arrivals from major growing regions supported prices.

At the National Commodity and Derivatives Exchange (NCDEX), coriander for June delivery traded higher by Rs 156, or 2.13 percent, at Rs 7,491 per quintal with an open interest of 28,590 lots.


Rates of coriander:

Commodity

Market

Verity

Min (100/Kg)

Max (100/Kg)

Arrival

Bag Weight

Dhaniya

Kota

BADAMI

6600

6800

1500

40 kg

Dhaniya

Kota

EAGLE

6900

7100

40 kg

Dhaniya

Ramaganj

EAGLE

6700

7100

4500

40 kg

Dhaniya

Ramaganj

BADAMI

6300

6600

40 kg

Dhaniya

Baran

BADAMI

6600

6900

3000

40 kg

Dhaniya

Baran

EAGLE

7000

7200

40 kg

Dhaniya

Baran

SCOOTER

7500

7600

40 kg

Dhaniya

Rajkot

BAGAMI (20 Kg)

1290

1340

400

40 kg

Dhaniya

Rajkot

EAGLE (20 Kg)

1340

1390

40 kg

Dhaniya

Rajkot

SCOOTER (20 Kg)

1390

1440

40 kg

Dhaniya

Gondal

SCOOTER (20 Kg)

1420

1460

4000

40 kg

Dhaniya

Gondal

EAGLE + (20 Kg)

1370

1420

40 kg

Dhaniya

Gondal

Super Quality (20 Kg)

1510

1560

40 kg

(By Commoditiescontrol Bureau)


       
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