NCDEX coriander down nearly 2% on low domestic buys.

Futures contracts of coriander on the NCDEX were down nearly 2% because of weak demand from domestic retailers. The July contract was at 4,828 rupees per 100 kg on the NCDEX, down 1.6% from the previous close. Trade in the spot market of Kota was subdued, as participation was low following a three-day strike by traders, who were protesting the implementation of the goods and services tax. In Kota, the Badami variety was sold for 5,600-5,800 rupees per 100 kg, while prices of the Eagle variety were at 5,800-6,000 rupees, both unchanged from previous close. Supply in the benchmark market Kota was also steady at 1,200 bags (1 bag = 40 kg).