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10-Apr2019

Coriander futures edge lower on muted demand

Coriander futures edged lower on NCDEX as speculators reduced their positions, driven by muted demand at the spot market. Though, anticipation of fall in production in key growing areas of Gujarat and Rajasthan, trimmed some losses.

The contract for April delivery was trading at Rs 6997.00, down by 0.67% or Rs 47.00 from its previous closing of Rs 7044.00. The open interest of the contract stood at 3830 lots.

The contract for May delivery was trading at Rs 7080.00, down by 0.63% or Rs 45.00 from its previous closing of Rs 7125.00. The open interest of the contract stood at 31600 lots on NCDEX.


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