Agro Outlook
D A I L Y
B U Z Z
Coriander prices rose by 2.65 per cent to Rs 5,919 per quintal in futures trade today as speculators enlarged their positions, supported by pick-up in spot demand against tight stocks position on restricted arrivals.
At the National Commodity and Derivative Exchange, coriander for November gained Rs 153, or 2.65 per cent, to Rs 5,919 per quintal, with an open interest of 8,220 lots.
Similarly, the spice for delivery in October traded higher by Rs 147, or 2.62 per cent, to Rs 5,764 per quintal, with an open interest of 18,290 lots.
Cardamom prices fell by 0.79 per cent to Rs 777.30 per kg in futures trade today as speculators booked profits at prevailing levels driven by subdued demand in the spot market.
Further, adequate stocks availability in the spot market following fresh arrivals also put pressure on the prices.
At the Multi Commodity Exchange, cardamom prices for deliv ery in November declined by Rs 6.20, or 0.79 per cent, to Rs 777.30 per kg with a business turnover of 88 lots.
Likewise, the spice prices for delivery in October shed Rs 4.30, or 0.58 per cent, to Rs 736.30 per kg in 454 lots.
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