Friday 27 May 2016

EPIC RESEARCH NCDEX CORIANDER UPDATE OF 27 MAY 2016

Coriander prices rose by 0.28 per cent on Friday at the National Commodity & Derivatives Exchange Limited as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the NCDEX, coriander futures for June 2016 contract was trading at Rs. 6,881 per quintal, up by 0.28 per cent after opening at Rs. 6,888 against the previous closing price of Rs. 6,862. It touched the intra-day high of Rs. 6,897 till the trading. Sentiment improved further as the investors enlarged their holdings tracking the surge in the demand for the commodity. Coriander is common in South Asian, Middle Eastern, Central Asian, Mediterranean, Indian, Tex-Mex, Latin American, Portuguese, Chinese, African, and Scandinavian cuisine.
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