Coriander prices fell by 0.76 percent on Tuesday at the National Commodity & Derivatives Exchange Limited (NCDEX) as the adequate stocks availability in the physical market put pressure on coriander prices. At the NCDEX dhaniya futures for April 2015 contract were trading at Rs. 7,600 per quintal, down by 0.76 percent, after opening at Rs. 7,658 against the previous closing price of Rs. 7,658. It touched the intra-day low of Rs. 7,556 till the trading.
Mustard Seed prices closed higher by 0.75 percent on Monday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the decline in the supply for the commodity in the major markets. At the NCDEX, mustard seed futures for April 2015 contract closed at Rs. 3,370 per quintal, up by 0.75 percent, after opening at Rs. 3,341 against the previous closing price of Rs. 3,345. It touched the intra-day high of Rs. 3,380. India produces 5.5 million MT to7 million MT annually and about 0.15 million MT is retained for sowing and direct consumption as seed which leaves about 4.8-5.1 million MT for crushing and extracting oil.
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