Tuesday, 16 April 2013

MCX COMMODITY UPDATE 17 APRIL 2013


Coriander prices rose by 2.52 per cent to Rs 7,522 per quintal in futures trade today as speculators created positions, driven by pick-up in spot market demand.
The sentiment further improved as a result of limited stocks position on account of restricted arrivals from major growing areas.
At the National Commodity and Derivative Exchange, coriander for April delivery rose by Rs185, or 2.52 per cent to Rs 7,522 per quintal, with an open interest of 2,060 lots.
Similarly, the spice for delivery in May increased by Rs 184, or 2.47 per cent, to Rs 7,626 per quintal, with open interest of 34,760 lots.


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