Agro Outlook
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Coriander prices fell by Rs 140 to Rs 5,550 per quintal in futures trade today as speculators reduced their positions on the back of sluggish demand amid sufficient supply in the spot market.
At the Multi Commodity Exchange, coriander prices for delivery in November fell by Rs 140, or 2.46 per cent, to Rs 5,550 per quintal with open interest of 5,480 lots.
The price for October delivery declined by Rs 120, or 2.16 per cent to Rs 5,426 per quintal with open interest of 20,670 lots.
Mentha oil prices fell by 0.83 per cent to Rs 877.10 per kg in futures trade today as speculators booked profits at prevailing higher levels amid a weak demand in the spot market.
Adequate stocks position in the physical market following increased arrivals from Chandousi in Uttar Pradesh also fuelled the downtrend in mentha oil prices.
At the Multi Commodity Exchange, mentha oil for delivery in October fell by Rs 7.40, or 0.83 per cent, to Rs 877.10 per kg, with a business turnover of Rs 123 lots.
Similarly, the oil for delivery in September declined by Rs 7.10, or 0.81 per cent, to Rs 862.50 per kg in 153 lots.
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