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Spot Coriander Prices Rise amid Demand From Dubai, Futures End Weak

30 Oct 2020 8:06 pm
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Mumbai (Commodities Control) - Spot coriander has been scaling northward price rally. On Friday, an order of 350 quintals of whole coriander from Dubai was the prime reason behind the strength in prices. Reportedly, a single buyer placed orders both at Ramganj and Kota mandi today.

The order took place in high quality coriander, which upped Rs 50 per Quintal. The traders revealed that the deal was undertaken by a local firm on behalf of an export firm for its retail store supplies.

It is widely believed that demand will continue in future as well. Local demand has improved amid festive demand from local spice manufacturers. Meanwhile, medium quality coriander is available in the markets. Even Kota mandi witnessed increased arrivals as the mandi reopened after municipal corporation elections yesterday.

On NCDEX, November-December futures ended Rs 60 and Rs 34 at Rs 6726 and Rs 6834 per Quintal, respectively.

Meanwhile, Ramganj reported arrivals of 3800 bags, Kota-- 1700 bags, Baran -- 1300 bags, Jaipur mandi--900 bags.

MANDI

Commodity

Type/Variety

30-Oct

29-Oct

Change

JAIPUR, Rajasthan

CORIANDER

BADAMI

6800-6950

6750-6900

50

(FINE GRADE)

EAGLE

7250-7600

7250-7600

0

PARROT

8400-8550

8400-8550

0

RAMGANJ MANDI, Rajasthan

BLACK

4600-4800

4550-4800

50

(loose price)

BADAMI

5500-5650

5500-5620

30

EAGLE

5950-6200

5950-6150

50

PARROT

7600-7800

7600-7800

0

Bikaner, Rajasthan

6000-6250

6000-6250

0

BADAMI

5500-5700

5450-5650

50

Kota, Rajasthan

EAGLE

5700-5900

5700-5850

50

PARROT

8000-8250

8000-8240

10

BARAN, Rajasthan

BADAMI

5450-5700

5400-5650

50

EAGLE

5700-6000

5700-6000

0



       
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