NCDEX Dhaniya 20 Nov 2025
| Last Trade | Change | Change in % |
| 8,226.00 | -6.00 | -0.07% |
| High | Low | Open |
| 8,242.00 | 8,100.00 | 8,232.00 |
NCDEX Dhaniya Intraday Live Chart
NCDEX Dhaniya Historical Chart
NCDEX Dhaniya
Signal - Support & Resistance
| Resistance | Support | Signal | |||
| R1 | 8,262.67 | S1 | 8,146.67 | 5 Min | Buy |
| R2 | 8,318.00 | S2 | 8,086.00 | 1 Hour | Buy |
| R3 | 8,378.67 | S3 | 8,030.67 | 1 Day | Sell |
NCDEX Dhaniya
Moving Averages
| Period | MA 20 | MA 50 | MA 100 |
| 5 Minutes | 8220.00 | 8190.00 | 8188.50 |
| 1 Hour | 8212.95 | 8206.55 | 8118.00 |
| 1 Day | 8130.10 | 8225.96 | 8072.32 |
| 1 Week | 7825.43 | 7656.78 | 7703.88 |
NCDEX Dhaniya
Period - High, Low & Average
| Period | High Change from Last | Low Change from Last | Average Change from Last |
| 5 Days | 8,268.00 -42.00 | 7,974.00 +252.00 | 8,088.40 +137.60 |
| 1 Month | 8,618.00 -392.00 | 7,788.00 +438.00 | 8,215.40 +10.60 |
| 3 Month | 8,698.00 -472.00 | 0.00 +8,226.00 | 8,105.52 +120.48 |
| 6 Month | 8,698.00 -472.00 | 0.00 +8,226.00 | 7,671.33 +554.67 |
| 1 Year | 8,698.00 -472.00 | 0.00 +8,226.00 | 7,666.64 +559.36 |
About NCDEX Dhaniya
Contract Specifications of Coriander (DHANIYA)
| Symbol | DHANIYA |
|---|---|
| Contract Start Day | 1st day of contract launch month. If 1st day is a holiday then the following working day. |
| Last Trading Day | 20th of contract expiry month. If 20th is a holiday then preceding working day. |
| Trading Period | Mondays through Friday |
| Trading Session | Monday to Friday: 9.00 a.m. to 5 p.m. |
| Trading Unit | 10 MT |
| Quotation/ Base Value | 100 KG |
| Maximum Order Size | 100 MT |
| Tick Size | Rs.1 per 100 KG |
| Initial Margin | Minimum 4% or based on SPAN whichever is higher |
| Additional and/ or Special Margin | In case of additional volatility, an additional margin (on both buy & sell side) and/ or special margin (on either buy or sell side) at such percentage, as deemed fit; will be imposed in respect of all outstanding positions. |
| Settlement | Ex-Kota |
NCDEX Dhaniya: Live Prices, Market Overview, and Trading Insights
NCDEX Dhaniya refers to coriander (Coriandrum sativum) futures contracts traded on the National Commodity & Derivatives Exchange (NCDEX) of India. Dhaniya is one of the most widely used spices in Indian cuisine and holds significant economic importance due to its high domestic consumption and export demand.
NCDEX Dhaniya futures allow farmers, traders, and investors to hedge against price fluctuations or speculate on the future price of coriander. These contracts help stabilize prices in the domestic market, provide transparency, and facilitate price discovery.
What Are NCDEX Dhaniya Futures?
NCDEX Dhaniya futures are standardized contracts representing a specific quantity of coriander, allowing traders to buy or sell the commodity at a predetermined price on a future date. Key specifications include:
- Contract Size: Typically 20–25 quintals per lot (varies by delivery center)
- Tick Size: ₹1 per kg
- Delivery Centers: Selected NCDEX-approved warehouses in India
- Settlement: Cash settlement or physical delivery
- Trading Hours: 10:00 AM – 11:30 PM IST
These futures reflect domestic supply-demand dynamics, export trends, and seasonal production patterns in India.
Factors Influencing NCDEX Dhaniya Prices
- Monsoon and Crop Yield: Coriander is highly sensitive to rainfall and climatic conditions. Poor monsoon seasons can restrict supply and drive prices higher.
- Domestic Consumption: India is the largest consumer of coriander, making local demand a critical factor.
- Export Demand: Coriander is exported to the Middle East, Europe, and Southeast Asia; fluctuations in international demand affect NCDEX prices.
- Government Policies: Minimum support prices (MSP), export regulations, and trading rules can influence futures.
- Global Commodity Trends: Prices can be affected indirectly by shifts in other spices or edible commodities due to substitution effects.
Trading NCDEX Dhaniya Futures
NCDEX Dhaniya futures offer several benefits to market participants:
- Hedging: Farmers and traders lock in prices ahead of harvest to protect against price volatility.
- Speculation: Traders profit from short-term price movements based on supply-demand forecasts, weather patterns, or market sentiment.
- Spread Trading: Traders compare coriander futures across different delivery months to exploit price differences.
Popular trading strategies include:
- Intraday Trading: Capitalizing on price fluctuations during trading hours using technical analysis.
- Positional Trading: Holding contracts for weeks or months based on expected seasonal trends or export demand.
Historical Perspective
Coriander has been an important spice in India for centuries. Organized futures trading began on NCDEX in the early 2000s to provide better price discovery and risk management for farmers.
- 2000s: Futures trading helped stabilize prices amidst fluctuating monsoons and growing export demand.
- 2010s: Price volatility was impacted by climatic events and global spice market trends. Futures became a key tool for hedging.
- 2020s: COVID-19 disruptions and logistics challenges affected supply chains, leading to temporary spikes in Dhaniya prices. Futures trading continues to provide transparency and enable efficient price discovery.
Recent Update on NCDEX Dhaniya
As of September 2025, NCDEX Dhaniya is trading with moderate gains due to:
- Anticipated seasonal supply constraints in key producing states like Rajasthan, Gujarat, and Madhya Pradesh.
- Strong export demand to the Middle East and Southeast Asia.
- Stable domestic consumption in India despite inflationary pressures.
Market participants are monitoring weather patterns and international demand closely, as these factors can significantly influence price movements in the short term.
NCDEX Dhaniya vs Spot Market
While spot market prices represent the immediate buying/selling rates in local mandis, NCDEX Dhaniya futures provide:
- Forward price discovery: Allowing participants to lock in prices ahead of time.
- Risk management: Reducing exposure to volatile spot prices.
- Market transparency: Providing a benchmark for domestic and export pricing.
Futures prices often lead spot prices, making them a critical reference point for traders and farmers alike.
Outlook for NCDEX Dhaniya
Given the continued importance of coriander in Indian cuisine and exports, NCDEX Dhaniya is expected to remain an actively traded commodity. Seasonal production, monsoon variability, and global demand will continue to influence price volatility. Traders, exporters, and farmers benefit from using futures for hedging and efficient price discovery.
Q. What are NCDEX Dhaniya Futures?
A. NCDEX Dhaniya Futures are futures contracts based on the price of dhaniya (coriander), a key spice commodity in India, traded on the National Commodity & Derivatives Exchange (NCDEX). These contracts allow traders to buy or sell a standardized quantity of coriander at a predetermined price on a future date, serving as a benchmark for the Indian spice market and often referenced in agricultural news on platforms like Moneycontrol or Business Standard as an indicator of supply, demand, and export trends.
Q. What are NCDEX Dhaniya Futures Contracts?
A. NCDEX Dhaniya Futures Contracts are standardized agreements traded on the NCDEX platform, with each contract representing 1 metric tonne (1,000 kg) of coriander. The value is based on the prevailing market price per quintal (100 kg), making it highly liquid and volatile, offering traders multiple opportunities for profitable trades during daily sessions. For example, if you’re bullish on dhaniya prices due to export demand, you can go long on a futures contract, profiting from price increases per quintal. Conversely, if bearish, you can short the contract, gaining from price declines.
Q. What are the trading hours for NCDEX Dhaniya Futures?
A. Trading for NCDEX Dhaniya Futures runs from 9:00 a.m. to 5:00 p.m. IST (Indian Standard Time) from Monday to Friday. Unlike global futures markets, there is no evening or weekend trading, and the market closes daily without pauses. This schedule aligns with Indian agricultural market hours, providing active trading opportunities during the business day.
Q. Why and when were NCDEX Dhaniya Futures created?
A. Dhaniya (coriander) has been a staple spice in Indian agriculture for centuries, but futures trading for it was introduced on NCDEX in 2004 to provide farmers, processors, and exporters with tools for price risk management and hedging against fluctuations. Launched as part of NCDEX’s agricultural commodity offerings, these futures reflect the health of India’s spice sector, serving as a vital tool for assessing market sentiment, supply shortages, and export-driven economic trends.
Q. What are the risks and benefits of NCDEX Dhaniya Futures trading?
A. NCDEX Dhaniya Futures trading differs from traditional commodity investing and carries significant risks. The volatility of dhaniya prices, influenced by weather, harvests, and global exports, can lead to substantial gains but also rapid losses, making it unsuitable for conservative investors. Traders who can actively monitor the market and tolerate risk may capitalize on both long and short positions, as futures allow shorting without restrictions like the uptick rule. However, without disciplined risk management, traders risk margin calls if positions move unfavorably. The benefit lies in the potential for high returns due to the leverage and liquidity of these contracts, but constant attention to market movements is essential.
Q. How can I learn NCDEX Dhaniya Futures trading?
A. NCDEX Dhaniya Futures are a popular choice among agri-traders, but beginners often face challenges due to limited understanding of commodity market dynamics and trading strategies. Success demands a robust trading plan, strict risk management, and deep market knowledge. Novice traders can accelerate their learning by joining online trading communities or live trading rooms led by experienced NCDEX Dhaniya Futures traders. These platforms enable beginners to observe real-time market analysis, learn strategies suited to their risk tolerance, and gain confidence. Using simulated accounts before trading with real money can also minimize costly errors.
Q. What are other names used for NCDEX Dhaniya Futures?
A. NCDEX Dhaniya Futures are known by several names or aliases, including:
- Dhaniya Futures
- Coriander Futures
- NCDEX Coriander Contracts
- Dhaniya Agri Futures
- DHANIYA1! (TradingView symbol)
- Spice Futures (Coriander)