Coriander futures decline on subdued demand

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Coriander futures declined on NCDEX as speculators offloaded their positions, driven by subdued demand at the domestic spot market. Besides, rising arrivals from major producing belts also weighed on coriander futures.

The contract for April delivery was trading at Rs 6708.00, down by 2.99% or Rs 207.00 from its previous closing of Rs 6915.00. The open interest of the contract stood at 15680.00 lots.

The contract for May delivery was trading at Rs 6797.00, down by 3.11% or Rs 218.00 from its previous closing of Rs 7015.00. The open interest of the contract stood at 5000.00 lots on NCDEX.

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