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Spot Coriander Steady amid Subdued Demand, Steady Arrivals; Futures Drop

18 Sep 2020 5:46 pm
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Mumbai (Commodities Control) - Spot coriander prices traded generally steady in most of the mandis across the country, as arrivals were generally steady, barring Kumbharaj mandi of Madhya Pradesh where prices tanked upto Rs 300 per Quintal.

Amid arrivals of 3,000 bags on Friday similar to that on Thursday, Badami and Eagle varieties at Ramganj were quoted steady at Rs 5650-5850 and Rs 5900-6100 per Quintal, respectively. Kota mandi registered arrivals of 2500 bags, unchanged from last session, as Eagle and Badami varieties were priced flat at Rs 5500-5700 and Rs 5200-5500 per Quintal, respectively.

Coriander prices on Friday fell by Rs 28 to Rs 6,580 per quintal in futures trade as speculators reduced their positions amid weak demand at spot market.

Coriander prices for all the varieties were unchanged despite higher arrivals registered at 600 bags at Rajkot mandi of Gujarat, vs 450 bags in the last session. Badami variety was quoted flat at Rs 1120-1200 per 20 Kgs and Eagle variety was priced at Rs 1155-1250 per 20 Kgs. Scooter variety in Rajkot was quoted at Rs 1200-1300 per 20 Kgs.

It is to be noted that coriander prices at Kumbhraj mandi dropped Rs 300 for Badami variety to be priced at Rs 5400-5500 per Quintal and Eagle variety dropped Rs 200 at Rs 5700-5800.

Spice price at Guna mandi of M.P. were quoted unchanged even as the mandi registered higher arrivals of coriander at 10,000 bags vs 8,000 bags in the previous session.

Gondal mandi, alone, witnessed arrivals of 3300 bags today, as Eagle and Scooter varieties were priced at Rs 1190-1200 and Rs1225-1275 per 20 Kgs, respectively.

Commodity

Market

Variety

Min

Max

Min

Max

Change(Max Today-Prev Max)

Arrival

Dhaniya

Guna

BADAMI

5400

5500

5400

5500

0

10000

Dhaniya

Guna

SCOOTER

6300

6400

6300

6400

0

Dhaniya

Guna

EAGLE

5800

6000

5800

6000

0

Dhaniya

Kota

BADAMI

5200

5500

5200

5500

0

2500

Dhaniya

Kota

EAGLE

5500

5700

5500

5700

0

Dhaniya

Ramaganj

BADAMI

5650

5850

5650

5850

0

3000

Dhaniya

Ramaganj

EAGLE

5800

6100

5800

6100

0

Dhaniya

Rajkot

BADAMI (20 Kg)

1110

1200

1110

1200

0

600

Dhaniya

Rajkot

EAGLE (20 Kg)

1150

1250

1150

1250

0

Dhaniya

Rajkot

SCOOTER (20 Kg)

1200

1300

1200

1300

0

Dhaniya

Gondal

SCOOTER (20 Kg)

1225

1275

1225

1275

0

3300

Dhaniya

Gondal

EAGLE + (20 Kg)

1190

1200

1190

1200

0

Dhaniya

Gondal

Super Quality (20 Kg)

1400

1600

1400

1600

0

Dhaniya

Kumbhraj

EAGLE

5700

5800

5900

6000

-200

6000

Dhaniya

Kumbhraj

BADAMI

5400

5500

5700

5800

-300



       
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