login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Coriander Prices Improve in Gujarat on Decreased Arrival

18 Apr 2024 4:02 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Ahmedabad, April 18 (CommoditiesControl): The price of coriander witnessed an improvement of Rs 10-15 per 20 kg in the spot market today, driven by a decline in its arrival in the state. Traders observed a gradual decrease in the arrival of coriander, which had a noticeable impact on the market dynamics. Additionally, stockists began purchasing goods, providing further support to the coriander market amidst lower prices.

Coriander traders in Rajkot reported that around 27 lakh bags of coriander have arrived in Gujarat so far.

Today, around 24,500 sacks of coriander, each weighing 40 kg, were recorded in the state. Prior to this, the average price of coriander remained stable at Rs 1370-1570 per 20 kg.

In Gondal Mandi, 17,000 bags were pending, out of which 14,255 bags were traded at prices ranging from Rs 1451 to Rs 1851. Similarly, in Rajkot Mandi, where 5500 bags arrived, prices ranged from Rs 1251 to Rs 1740.

Additional arrivals were reported as follows: 1200 sacks in Halvad, 900 sacks in Jetpur, 5000 sacks in Jamjodhpur, 2300 sacks in Junagadh, 500 sacks in Amreli, 3000 sacks in Jamnagar, 500 sacks in Dhangadhra, and 5000 sacks from other mandis.



Dhaniya contract for APR delivery settled at Rs 7450/quintal showing an rise of Rs 68 over previous close of Rs 7382/quintal,The contract moved in the range of Rs 7450-7450 for the day. Open interest decreased by -235 MT to 310 MT, while trading volume decreased by -65 to 155 MT.

Dhaniya contract for MAY delivery settled at Rs 7610/quintal showing an rise of Rs 70 over previous close of Rs 7540/quintal,The contract moved in the range of Rs 7560-7650 for the day. Open interest decreased by -225 MT to 26090 MT, while trading volume decreased by -85 to 2355 MT

Currently The spread between APR and MAY contract is -160 Rs/quintal

Dhaniya stock in NCDEX accredited warehouse as on 18-Apr-2024, was NA MT

(By Commoditiescontrol Bureau: +91 9820130172)



       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
Small Cardamom Prices Continues to Show Weak Sentiment
Clove Prices Remain Stable Across Key Markets
Weak Sentiment Continues in Domestic and Vietnamese Pep...
Turmeric Spot Prices Mostly Higher; NCDEX Prices Contin...
Cumin Prices in Gujarat Increase Due to Local Demand
more
Top 5 News
ICE Cotton Futures Softened Stronger Dollar, Weak Expor...
Global Market Update: Asian Markets Slid Lower Amid Geo...
CBOT Wheat Futures Dip As Favorable U.S. Crop Weather, ...
Crude Oil Prices Slip on Stronger Dollar, Mixed Economi...
Gold Prices Fall But Remain on Track for Weekly Gain Am...
Top 5 Special Reports
US cotton net sales for July 5-11 at 27,200 RB, hit mar...
US soybean net sales for July 5-11 at 360,100 MT, up 73...
Cotton Spinning Industry Set for Recovery in FY2025, Ex...
USDA Forecasts Global Cotton Production Surge, Expects ...
Argentina's Currency Market Intervention: Will It Reviv...
Copyright © CC Commodity Info Services LLP. All rights reserved.