Coriander futures edge lower on weak demand

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Coriander futures edged lower on NCDEX as speculators offloaded their positions on the back of weak demand at the domestic spot market. Besides, rising arrivals from major growing belts also fuelled the downtrend.

The contract for May delivery was trading at Rs 7276.00, down by 0.94% or Rs 69.00 from its previous closing of Rs 7345.00.The open interest of the contract stood at 19250.00 lots.

The contract for June delivery was trading at Rs 7259.00, down by 1.2% or Rs 88.00 from its previous closing of Rs 7347.00. The open interest of the contract stood at 9410.00 lots on NCDEX.

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