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Coriander: Futures Settle Higher for 4th Consecutive Session amid Firm Spot Cues, Limited Arrivals

29 Sep 2020 7:13 pm
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Mumbai (Commodities Control) - Spot coriander prices were strong-to-steady across major mandis in India. M.P mandis were shut and did not report any trade/arrivals, while Baran and Kota mandis registered price steady pricing. Rajkot and Gondal mandis reported a price rise of Rs 10 per 20 Kgs On Tuesday.

On futures, coriander prices ended Rs 82 and Rs 74 higher for October and November contracts at Rs 6802 and Rs 6866 per quintal, respectively. Analysts attribute this rise to a firm trend in the spot market and restricted supplies from producing regions.

Coriander prices were quoted steady for all the varieties at Ramganj mandi. The mandi registered arrivals of 2500 bags vs 3,000 bags of coriander in the last session. Meanwhile, Kota mandi reported arrivals of 1,500 bags vs 2,000 bags in the last session. Badami variety, meanwhile, shot up Rs 100 to Rs 5500-5700 per Quintal in Baran as arrivals were unchanged at 1500 bags. Coriander prices were quoted flat for all coriander varieties at Kota mandi.

Coriander prices for all the varieties were priced higher by Rs 10 per 20 kgs amid arrivals of 1100 bags unchanged from previous session, at Rajkot mandi of Gujarat.

Badami variety was quoted stronger at Rs 1110-1190 per 20 Kgs and Eagle variety was priced at Rs 1140-1240 per 20 Kgs. Scooter variety in Rajkot was quoted at Rs 1190-1290 per 20 Kgs.

At Gondal mandi, coriander prices rose Rs 10 per 20 Kgs for all coriander varieties amid reduced arrivals of 4,000 bags unchanged from last session.

Commodity

Market

Variety

Min

Max

Min

Max

Change(Max Today-Prev Max)

Arrival

Dhaniya

Guna

BADAMI

0

Dhaniya

Guna

SCOOTER

0

Dhaniya

Guna

EAGLE

0

Dhaniya

Kota

BADAMI

5300

5700

5300

5700

0

1500

Dhaniya

Kota

EAGLE

5400

5800

5400

5800

0

Dhaniya

Ramaganj

BADAMI

5600

5700

5600

5700

0

2500

Dhaniya

Ramaganj

EAGLE

5800

6100

5800

6100

0

Dhaniya

Baran

BADAMI

5500

5700

5500

5600

100

1500

Dhaniya

Baran

EAGLE

5900

6000

5900

6000

0

Dhaniya

Baran*

SCOOTER

0

Dhaniya

Rajkot

BADAMI (20 Kg)

1110

1190

1100

1180

10

1100

Dhaniya

Rajkot

EAGLE (20 Kg)

1140

1240

1130

1230

10

10+

Dhaniya

Rajkot

SCOOTER (20 Kg)

1190

1290

1180

1280

10

Dhaniya

Gondal

SCOOTER (20 Kg)

1240

1260

1221

1250

10

4000

Dhaniya

Gondal

EAGLE + (20 Kg)

1200

1220

1190

1210

10

Dhaniya

Gondal

Super Quality (20 Kg)

1100

1380

1090

1370

10

Dhaniya

Kumbhraj

EAGLE

0

Dhaniya

Kumbhraj

BADAMI

0


       
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