Login ID:
Password:
Partner Login
Contact Us : 7066511911

Weekly: Spot Coriander Unlikely To Drop Below Rs 6,600-Level Amid Shortage Of Crop

17 Jun 2019 3:01 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 
MUMBAI (Commoditiescontrol) - In NCDEX July futures, coriander price on 10 th June 2019 stood at INR 6893 per quintal which increased to INR 7027 per quintal levels. Coriander price in physical markets witnessed a range bound trend.

However, the upcountry demand is getting limited at present and henceforth, the spot price is declining gradually.

During the week, coriander arrivals in Kota, Ramgunj and Baran markets stood at 36,600 bags. The price in coming days may range bound from the current levels.

Coriander

Last week range 6760-7110---closed the week at 7041

Resis-7200-7300 and then to reverse to retest 6700-6600

Coriander is unlikely to drop below 6600 considering shortage of crop. Current correction is temporary one for the recent up move.

(By Commoditiescontrol Bureau)

  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 :  
   

Top | Post Comment  

Top 5 News
Stock Position At JNPT Of Veg Oil (Edible Grade) On 22....
U.S. Dollar Index—Consolidating Within a Triangle Patte...
USD/INR—A Close Above 69.50 Confirms a Trend Reversal
USD/IDR—Consolidating Near 52-Wk Lows / Reiterate Beari...
USD/BRL—Reiterate Bearish Stance / More Weakness May Li...
Top 5 Market Commentary
Domestic Sugar Prices Mostly Weak On Ample Supplies
Uptrend Continues In Spot Pepper On Supply Squeeze
Market Wise Chana Arrivals: Supply Down -4.72% Against ...
Sudan/Burma/Russia Kabuli Chana Moves Higher In Mumbai
Maharashtra Sugar Mill Prices – 23 July 2019.
Copyright © CC Commodity Info Services LLP. All rights reserved.