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04-May2018

Coriander futures edge down on weak demand

Coriander futures edged down on NCDEX as participants cut down their bets amid weak demand at the spot market. Further, rising arrivals from major producing belts also weighed on coriander futures.

The contract for May delivery was trading at Rs 4685.00, decline by 0.3% or Rs 14.00 from its previous closing of Rs 4699.00. The open interest of the contract stood at 19740 lots.

The contract for June delivery was trading at Rs 4742.00, down by 0.59% or Rs 28.00 from its previous closing of Rs 4770.00. The open interest of the contract stood at 13130 lots on NCDEX.


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