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16-Apr2019

Coriander futures edge lower on weak demand

Coriander futures edged lower on NCDEX as speculators reduced their positions, driven by weak demand at the spot market. However, tight stocks on account of restricted arrivals from major growing regions capped downside.

The contract for April delivery was trading at Rs 7017.00, down by 2.97% or Rs 215.00 from its previous closing of Rs 7232.00. The open interest of the contract stood at 470 lots.

The contract for May delivery was trading at Rs 7136.00, down by 1.2% or Rs 87.00 from its previous closing of Rs 7223.00. The open interest of the contract stood at 31070 lots on NCDEX.


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