NCDEX coriander down as demand weak, inventories up.

Futures contracts of coriander on the NCDEX were trading lower because of weak demand from domestic consumers. The fall in prices was also triggered by a 1,610-tn rise in inventories at exchange-designated warehouses to 20,196 tonne on previous close. The most active May contract on the NCDEX traded down 0.62% from the previous close. In Kota, the benchmark market in Rajasthan, the Badami variety of coriander and the Eagle variety both unchanged from previous close. Arrivals were pegged at 4,000 bags (1bag=40kg), down 2,000 bags from the previous day.