Monday, 4 April 2011
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Coriander jumps on low production estimates
Coriander futures turned higher on lower production estimates. Arrivals in Kota are reported near 7000-8000 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 lower acreage of cultivation. Erratic weather
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