NCDEX coriander hits 4.5-year low on cheap imports.

Futures contracts of coriander on the NCDEX hit a four-and-a-half-year low of 4,927 rupees per 100 kg because of a rise in cheap imports from Ukraine, Bulgaria and Russia. The most-active June contract traded at 4,982 rupees per 100 kg, down 2.9% from the previous settlement. At Kota, the benchmark market for the commodity, the Badami variety quoted 5,900 rupees per 100 kg, while the Eagle variety was sold at 6,200-6,400 rupees, both unchanged from previous close. Arrivals in Ramganj and Kota were 4,700 bags (1bag=40kg) down 1,300 bags from the previous day.