Coriander prices rise 1.84% to Rs 12,448 per quintal in futures trade on spot demand

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NEW DELHI : Coriander prices rose by 1.84 per cent to Rs 12,448 per quintal in futures trade today as speculators enlarged positions supported by rising demand in the spot market amid overseas inquiries.

At the National Commodity and Derivative Exchange, coriander for July delivery gained Rs 225, or 1.84 per cent, to Rs 12,448 per quintal with an open interest of 13,360 lots.

Similarly, the spice for delivery in June traded higher by Rs 214, or 1.79 per cent, to Rs 12,145 per quintal, with an open interest of 47,430 lots.

Market analysts said the rise in coriander prices at futures trade was mostly supported by a firming trend at spot markets on domestic and overseas demand

– India Times

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