NCDEX coriander down for 10th day as imports continue

Futures contracts of coriander fell for the 10th consecutive day on NCDEX and hit an over seven-month low of 4,362 rupees per 100 kg due to higher imports from Ukraine and Russia, and muted domestic demand. The most-active June contract was down 3.5%. Instead of buying Indian coriander, exporters are importing it from Ukraine and after processing, they are re-exporting it. Bulgaria is also offering their new crop that was harvested in April at very low prices when compared to India.