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Coriander: Mixed Price Trend in Spot, Futures Decline

13 Aug 2020 7:35 pm
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Mumbai (Commodities Control) - Spot coriander was quoted steady in Ramganj mandi of Rajasthan. Substandard varieties were weak. Meanwhile spice was quoted steady in kota mandi of Rajasthan. However, prices were under pressure in Madhya Pradesh.

Sell-off was witnessed on the futures platform, as NCDEX September contract dropped Rs 104 to end at Rs 6558 per Quintal.

Ramganj reported arrivals of nearly 6000 bags, as Badami was quoted at Rs 6000-6100 and Eagle variety was priced at Rs 6200-6400 per Quintal. Substandard varieties dropped Rs 50. Kota mandi reported arrivals of 1000 bags, as Badami was quoted at Rs 5300-5700 and Eagle variety was priced at Rs 5600-6000 per Quintal. Baran mandi of Rajasthan was shut today.

Kumbhraj mandi of M.P. registered arrivals of 4000 bags, as Eagle variety was quoted at Rs 5800-6300, up Rs 300 and Badami was priced Rs 100 lower at Rs 5600-5700 per Quintal.

Traders confirm arrivals of weak quality supplies in the mandi, while most of the buyers are looking to purchase best quality supplies. Trade was affected in Ramganj mandi due to rains post noon time.

Market

Variety

Min

Max

Min

Max

Change(Max Today-Prev Max)

Arrival

Kota

BADAMI

5400

5800

5800

1000

Kota

Eagle

5700

6100

6100

Ramaganj

EAGLE

6200

6400

6400

6000

Ramaganj

BADAMI

6000

6100

6100

Kumbhraj

EAGLE

5800

6300

6300

4000

Kumbhraj

BADAMI

5600

5700

5700



       
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