Last Updated :
September 19, 2011 14:40
Coriander extends uptrend on festive demand
The coriander market gained on festive demand. Meanwhile higher stocks in market are likely to limit the gain.
As per media report there are around 3 million bags of coriander is estimated to be in the market currently.
The export demand is expected to rise from the west Asian countries by the month of November. Total carry over stocks has been estimated 25-30 lakh bags.
Erratic weather condition during the sowing period had decreased the acreage under cultivation.
As per NCDEX reports, coriander production in 2010-11 is estimated to be around 2.8- 3 lakh tons.
Courtesy: Geojit Comtrade Limited
Get Trading Tips that suits your kind of investment
NCDEX STEELLONGJUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
