Coriander futures trade lower on subdued demand

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Coriander futures traded lower on NCDEX as speculators offloaded their positions, driven by subdued demand at the spot market. Though, expectations of slow progress of sowing at major producing belts, capped some losses in coriander futures.

The contract for December delivery was trading at Rs 10178.00, down by 0.47% or Rs 48.00 from its previous closing of Rs 10226.00. The open interest of the contract stood at 24210.00 lots.

The contract for January delivery was trading at Rs 10043.00, down by 0.51% or Rs 51.00 from its previous closing of Rs 10094.00. The open interest of the contract stood at 13180.00 lots on NCDEX.

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