Ahmedabad, October 8 (CommoditiesControl): The coriander market in Gujarat has experienced a period of stability over the past two days, primarily due to limited demand and steady arrivals. With no significant trading activity in exports, local traders report sufficient supply to meet their needs, resulting in minimal price fluctuations.
Today, approximately 8,500 bags of coriander were brought to market in Gujarat, maintaining an average price range of Rs 1,330 to Rs 1,510 per 20 kg.
In Gondal Mandi, 5,720 bags were traded within a price range of Rs 1,351 to Rs 1,581 per 20 kg, against an arrival of 5,000 bags. Meanwhile, the Rajkot market recorded trades at Rs 1,170 to Rs 1,500 with the arrival of 750 bags. Other markets also saw notable activity: Junagadh welcomed 1,000 bags, Jetpur received 500 bags, and Jamjodhpur reported 700 bags, along with additional arrivals totaling around 700 bags.
Looking ahead, if arrivals continue at the current pace, experts suggest there is little likelihood of a price increase in the coriander market in the coming days.
Dhaniya contract for OCT delivery settled at Rs 7252/quintal showing an was simillar of Rs 0 over previous close of Rs 7252/quintal,The contract moved in the range of Rs 7230-7320 for the day. Open interest decreased by -535 MT to 14325 MT, while trading volume decreased by -410 to 2295 MT
Dhaniya contract for NOV delivery settled at Rs 7470/quintal showing an fall of Rs -2 over previous close of Rs 7472/quintal,The contract moved in the range of Rs 7450-7536 for the day. Open interest increased by 570 MT to 12870 MT, while trading volume decreased by -975 to 1495 MT.
Currently The spread between OCT and NOV contract is -218 Rs/quintal.
Dhaniya stock in NCDEX accredited warehouse as on 08-Oct-2024, was 12265 MT
(By Commoditiescontrol Bureau: +91 9820130172)
0 Comments 
Post Comment 
