Coriander prices on Monday surged by Rs 300 to reach Rs 12,986 per quintal in futures trade, driven by speculators amplifying their positions in response to a robust trend observed in the spot market. On the National Commodity and Derivatives Exchange, coriander contracts for June delivery increased by Rs 300, or 2.36%, reaching Rs 12,986 Read More
According to futures trade, the price of coriander dropped by Rs 38 to Rs 12,898 per quintal on Thursday. This was owing to the fact that speculators reduced their holdings in reaction to the moderate demand that was seen in the spot market. Coriander contracts for delivery in June were settled at Rs 12,898 per Read More
On Tuesday, the price of coriander in futures trade increased by Rs 60, reaching Rs 12,924 per quintal. This is a significant increase. The reason for this gain was that speculators increased their holdings, which was in line with a strong trend in the spot market. During the month of June, the price of coriander Read More
Coriander futures have been confined to a sideways range, following a period of significant volatility earlier in the month. Prices are presently situated beneath the 50-period moving average, indicating ongoing short-term weakness and a lack of robust buying confidence. Immediate resistance is positioned in the range of 12,606–12,670, whereas support is identified around 12,532, followed Read More
As a result of the lack of demand in the spot market, speculators made the decision to reduce their positions, which led to a decrease of Rs 34 in the price of coriander, which ultimately finished at Rs 12,606 a quintal in futures trade on Tuesday. According to the National Commodity and Derivatives Exchange, contracts Read More
When futures trading took place on Friday, the price of coriander increased by Rs 22, reaching a total of Rs 12,808 per quintal. One possible explanation for this increase is that speculators have increased their holdings, which was driven by a strong trend that was noticed in the spot market. The price of coriander contracts Read More
Price consolidation near moving averages indicates sideways market structure. Resistance at 11,550–11,600 limits upward movement. Recent falls were held by strong support between 11,050–10,850. Short-term momentum is improving as RSI rises into mid-zone. MACD bullish crossover suggests rising movement. Coriander futures on the 1-hour period are consolidating around the 50 MA and 200 MA, indicating Read More
A powerful short-term momentum in the market is indicated by the fact that the present price levels are constantly positioned above the 50-hour moving average. When it comes to intraday corrections, support is carefully positioned around the 11,100–11,000 range. A range of 11,600 to 11,650 is where resistance is seen, and this area coincides with Read More
