More Stories

Informist, Monday, Apr. 7, 2025

By Taniva Singha Roy

MUMBAI – Futures contracts of coriander and jeera rose on the National Commodity and Derivatives Exchange, while those of turmeric fell. Turmeric prices fell due to profit booking, while jeera and coriander prices rose on concerns about crop, according to analysts at SMC Global Securities.

The most-active April contract of TURMERIC fell 6% to INR 14,166 per 100 kg due to profit booking, according to analysts at SMC Global Securities. The decline in prices follows three consecutive days of rise. A lower production outlook owing to adverse weather conditions and higher domestic and export demand could support prices, the brokerage said.

The most-active May contract of JEERA rose 5.1% to INR 24,800 per 100 kg, owing to concerns over the crop loss amid higher demand due to the wedding season. Moreover, exporters are buying aggressively due to a weak production outlook, analysts at SMC Global said. 

The most-active May contract of CORIANDER rose 0.3% to INR 8,000 per 100 kg due to seasonal demand, according to analysts at SMC Global Securities. A weak production outlook could support prices, the brokerage said. Total production of coriander is projected to decline 11% to 630,000 tonnes in 2025-26 (Apr-Mar). In the near term, coriander futures are likely to trade between INR 7,800 and INR 8,100.

End

Edited by Saji George Titus

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

Informist Media Tel +91 (22) 6985-4000 

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.