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Coriander spot market reported firm today
Published on: Jan 10 2022, 10:06
As we expected, firm sentiment witnessed in Coriander spot market on Monday. As per the Agriwatch (first advance) production estimate, Coriander production for 2022-23 (marketing year) is estimated at 307,441 MT (around 77 lakh bags, 1 bag = 40 kg) compared to last year’s 342,435 MT (85 lakh bags).
Buyers likely to active further in the spot market as ending stocks for 2022-23 marketing year reported lower. At Kota market, Coriander Seed Eagle is trading strong at Rs. 8800 per quintal, up by 6.02 per cent as against previous day.Coriander Seed Badami is offered high at Rs. 8500 per quintal, up by 6.25 per cent against previous trading day.