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NCDEX Coriander slumps on higher supply
Last Updated : October 29, 2012 11:22 IST
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MUMBAI (Commodity Online): Coriander futures in NCDEX fell Monday on profit booking by the traders on the back of ample supply in the local markets along with good sowing prospects in the coming crop season.


In NCDEX Coriander November contract in the morning session traded at Rs.4433 per quintal, a decline of 1.26% and open interest of the same stood at 20830 lots for the time being.


Waning export demand has dampen the market sentiments. However, rise in demand during the festival season may limit the downside. Key spot markets in Rajasthan, will resume the trade from today after an extended celebrations of Navratri festival.

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