Agro Outlook
CORIANDER
Coriander prices were up by 1.17 percent to Rs 10,221 per quintal in futures trade today after participants enlarged positions amid tight supplies on fall in arrivals from producing belts against pickup in demand in the spot market. At the NCDEX dhaniya futures for May 2015 contract was trading at Rs. 10,221 per quintal, up by 1.17 percent after opening at Rs. 10,151 against the previous closing price of Rs. 10,103. It touched the intra-day high of Rs. 10,278 till the trading.
Coriander prices were up by 1.17 percent to Rs 10,221 per quintal in futures trade today after participants enlarged positions amid tight supplies on fall in arrivals from producing belts against pickup in demand in the spot market. At the NCDEX dhaniya futures for May 2015 contract was trading at Rs. 10,221 per quintal, up by 1.17 percent after opening at Rs. 10,151 against the previous closing price of Rs. 10,103. It touched the intra-day high of Rs. 10,278 till the trading.
CASTOR SEED
Castor seed futures traded higher by 0.46 percent to Rs 3,697 per quintal today after speculators enlarged positions following rising demand from consuming industries in spot markets. At the NCDEX, castor seed futures for May 2015 contract were trading at Rs. 3,697 per quintal tonnes, up by 0.46 percent, after opening at Rs. 3,670 against the previous closing price of Rs. 3,680. It touched the intra-day high of Rs. 3,700 till the trading. Traders said strong demand from consuming industries, including paint, soap and lubricant amid forecast of deficient rains this monsoon season, influenced castorseed prices at futures trade. Besides, pick-up in export demand also supported the uptrend in castorseed prices, they added.
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