9th March 2015 Weekly Report On NCDEX Coriander and Jeera

Agro Outlook

Coriander prices rose by 0.22 percent on Thursday at the National Commodity & Derivatives Exchange Limited (NCDEX) as a result of the limited stocks on account of restricted arrivals from the major growing belts. At the ncdex dhaniya futures for April 2015 contract was trading at Rs. 6,320 per quintal, up by 0.22 percent after opening at Rs. 6,250 against the previous closing price of Rs. 6,306. It touched the intra-day high of Rs. 6,351 till the trading.

Jeera prices closed lower by 2.95 percent on Wednesday at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand. At the NCDEX, jeera futures for March 2015 contract closed at Rs. 14,485 per quintal, down by 2.95 percent, after opening at Rs. 14,900 against the previous closing price of Rs. 14,925. It touched the intra-day low of Rs. 14,455.