DAILY BUZZ
CORIANDER
- Amid weak domestic demand and adequate supplies from producing regions, coriander prices traded lower by 1.11 per cent to Rs 9,345 per quintal in futures trade today.
- At the National Commodity and Derivatives Exchange, coriander for delivery in April declined by Rs 105, or 1.11 per cent, to Rs 9,345 per quintal with an open interest of 39,470 lots.
- Similarly, the spice for delivery in May lost Rs 103, or 1.07 per cent, to Rs 9,518 per quintal in 34,470 lots.
- Market analysts said weak spot market demand against adequate supplies from producing regions mainly kept pressure on coriander prices in futures trade.
SUGAR
- Sugar futures traded 1.11 per cent higher at Rs 2,816 per quintal today today as participants indulged in creating speculative positions driven by fall in production amid rising spot demand.
- At the National Commodity and Derivatives Exchange, sugar for delivery in March traded Rs 31, or 1.11 per cent higher at Rs 2,816 per quintal with an open interest of 22,920 lots.
- On the similar lines, the sweetner for delivery in April traded higher by Rs 30, or 1.05 per cent to Rs 2,887 per quintal in 30,200 lots.
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