Dhaniya Trading in India
Coriander is an important spice crop and hold main position in flavoring food. It is a native of Mediterranean and commercially produced in India, Morocco, Russia, East European countries, France, Central America, Mexico, and USA. In India, Coriander is cultivated during Rabi season during mid - October and mid - November and harvested during February and March.
What makes Dhaniya good investment?India is the biggest producer, consumer and exporter of coriander in the world with an annual production averaging around 3 lakh tons.
The global trade in coriander is estimated to be around 0.85 - 1 lakh tonnes a year and India exports nearly 45000-50000 tons, Exports have risen considerably during last 3-4 years.
Export demand is important price influencing factor as India's surplus production is very limited. Increasing popularity of Indian food in International market is pushing up the demand for the spice.
Why is Dhaniya a wise investment for an Indian trader?India contributes to more than 50% of the global production and is also the largest consumer and exporter of Coriander in the world. This makes Dhaniya prices very much sensitive to changes in domestic supply and demand factor.
Dhaniya futures contract was launched on NCDEX platform on August 2008 and has witnessed considerable gain in volume of trade since its launch.
Good availability in physical markets provides cash and carry opportunity to arbitragers. It serves as a hedging platform for the Producers and Exporters.
The Dhaniya contract is highly liquid and provides easy entry and exit to a trader. Thus the futures contract provides space for every investor category.
How can Kotak Commodity help me invest in Dhaniya ?Kotak Commodity Services Private Ltd (formerly known as Kotak Commodity Services ltd) Limited is a single Window for Complete Risk Management Services. We help hedger hedge in line with the corporate policies of the Client; provide client education. Have a dedicated Relationship Manager (RM). Provide market Intelligence and research. Give infrastructure / Administrative Support. Also make sure that the client is in compliance with the regulatory bodies.
At Kotak Commodities, we offer attractive brokerage rates and the best part is that our Gateway is a free trading account for life, carrying no account maintenance charges at all!
To learn more about Kotak Commodity Gateway Account, please click here.
Useful Links - NCDEX | MCX | NYMEX | KITCO | CBOT | CME | AGMARKNET | WORLD GOLD | FMC | KYC Regulations
BCE/TCM/CORP/0021, BCE Trading Member Id: 545, NCDEX/TCM/CORP/0479, NCDEX Trading Member id 00155, MCX/TCM/CORP/0479, MCX Trading Member Id 10440, NCDEX Spot Trading Member Id: 10040, SEBI registration no - INZ000044135