Coriander futures decline on weak demand

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Coriander futures declined on NCDEX as participants reduced their holdings, driven by weak demand at the spot market. Further, ample stocks position following higher supply from major producing belts also weighed on coriander futures.

The contract for April delivery was trading at Rs 7046.00, down by 1.14% or Rs 81.00 from its previous closing of Rs 7127.00. The open interest of the contract stood at 11660.00 lots.

The contract for May delivery was trading at Rs 7046.00, down by 0.93% or Rs 66.00 from its previous closing of Rs 7112.00. The open interest of the contract stood at 11150.00 lots on NCDEX.

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