Coriander gains on reduced arrivals

Coriander futures escalated on decline in arrivals. Spot prices remained firm and traded near Rs 4920 per quintal and arrivals were estimated near 4000 bags. Total production of coriander in 2010-11 is estimated about 90 lakh bags and carry over stocks has been estimated 20 lakh bags. However other trade sources are projecting much lesser production estimates of 60- 65 lakh bags due to

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