Coriander futures edge higher on rising demand

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Coriander futures edged higher on NCDEX as speculators enlarged their holdings on the back of rising demand at the domestic spot market. Though, some gains were capped on ample stock positions due to arrivals of new crop from major producing belts of Madhya Pradesh, Rajasthan, and Gujarat.

The contract for April delivery was trading at Rs 6375.00, up by 2.25% or Rs 140.00 from its previous closing of Rs 6235.00. The open interest of the contract stood at 10840.00 lots.

The contract for May delivery was trading at Rs 6460.00, up by 1.72% or Rs 109.00 from its previous closing of Rs 6351.00. The open interest of the contract stood at 3090.00 lots on NCDEX.

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