NCDEX coriander hits 3-week high on low output view

Ram Gopal Yadav (7 years ago)

The April contract of coriander on NCDEX hit a three-week high of 5,412 rupees per 100 kg due to expectation of a fall in output this year. The contract ended up 0.3% from the previous close. Lower area under coriander has resulted in less-than-expected arrivals this year. However, prices of the spice were unchasddnged in Kota, the benchmark market, as higher demand negated the effect of a surge in arrivals in Rajasthan.

Prices of chana rise in Delhi on low supply

Ram Gopal Yadav (7 years ago)

Prices of chana rose in Delhi due to lower supplies and expectation of an increase in demand from dal millers in the coming days. Prices in Indore fell as demand from dal millers was lower, however a sharp downside in prices was restricted as the government may start procurement of the pulse.