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NCDEX Coriander hits lower circuit on poor spot demand
Last Updated : October 17, 2012 12:32 IST
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MUMBAI (Commodity Online): Coriander futures in NCDEX fell Wednesday as traders booked profits on the back of subdued demand from the domestic markets.


The major markets of coriander in Kota, Baran and Ramganj in Rajasthan were closed Tuesday to mark the beginning of nine-day Navratri festival. Sufficient stocks in the warehouses too capped the sharp rise in prices.


Total stocks of coriander in NCDEX certified warehouse as on 12th October 2012 increased to 11036 tonnes from 10392 tonnes reported on Friday, exchange data showed.


In NCDEX Coriander October contract hits lower circuit to Rs.4255 per quintal and November contract now traded at Rs.4453 per quintal, a decline of 2.36%.

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