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Stability Persists in Rajasthan's Coriander Market Amid Decreased Arrivals

9 Dec 2023 6:32 pm
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Jaipur, December 9 (CommoditiesControl): Coriander prices in Rajasthan remained steady as the arrivals in the markets experienced a decline. Today, around 6,000 bags of coriander, each weighing 40 kg, arrived in the state's markets, reflecting a decrease of 5,000 bags compared to the previous day. Traders reported that both the Ramganj Mandi and Kota Mandi markets opened with stability on Saturday due to reduced arrivals, maintaining this stability throughout the final auction.

Traders noted that in the previous evening's closure of the NCDEX, December futures were valued at Rs 82 per quintal, while January futures were priced at Rs 42 per quintal. However, despite these figures, prices did not experience a decline today owing to the limited arrivals in the market.

In Ramganj Mandi, the day saw an increase in arrivals to around 4,000 bags, and the prices for Badami coriander seeds were reported at Rs 6,700-7,000 per quintal. Similarly, Eagle Coriander seeds were priced at Rs 7,100-7,400 per quintal. Traders observed that the market exhibited minimal fluctuations today.

Kota Mandi received 1,000 bags today, and the prices for Badami coriander seeds stood at Rs 6,400-6,600 per quintal, while Eagle Coriander seeds were priced at Rs 6,700-6,850 per quintal. Overall, the market maintained a stable position throughout the day, reflecting the impact of limited arrivals.

(By CommoditiesControl Bureau; +91-9820130172)


       
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