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11-Apr2019

Coriander futures edge lower on subdued demand

Coriander futures edged lower on NCDEX as speculators reduced their positions, driven by subdued demand at the spot market. Though, expectation of fall in production in key growing areas of Gujarat and Rajasthan capped the downtrend.

The contract for April delivery was trading at Rs 7165.00, down by 0.08% or Rs 6.00 from its previous closing of Rs 7171.00. The open interest of the contract stood at 2860 lots.

The contract for May delivery was trading at Rs 7246.00, down by 0.06% or Rs 4.00 from its previous closing of Rs 7250.00. The open interest of the contract stood at 31880 lots on NCDEX.


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