Coriander futures decline on sluggish demand

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Coriander futures declined on NCDEX as speculators trimmed their positions on the back of weak trend at the spot market due to sluggish demand. Besides, rising arrivals from major producing belts also weighed on coriander futures.

The contract for January delivery was trading at Rs 7110.00, down by 1.99% or Rs 144.00 from its previous closing of Rs 7254.00. The open interest of the contract stood at 13970.00 lots.

The contract for April delivery was trading at Rs 7650.00, down by 1.89% or Rs 147.00 from its previous closing of Rs 7797.00. The open interest of the contract stood at 6320.00 lots on NCDEX.

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