Coriander futures up 1.01 pc on spot demand

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Coriander futures traded higher by 1.01 per cent to Rs 8,200 per quintal today as participants indulged in enlarging their positions, tracking a firming trend at spot market due to improved demand.

Further, restricted supplies from major producing regions also supported coriander futures.
At the National Commodity and Derivatives Exchange, coriander for delivery this month rose by Rs 82, or 1.01 per cent to Rs 8,200 per quintal with an open interest of 4,210 lots.

Similarly, the spice for delivery in August traded higher by Rs 66, or 0.84 per cent to Rs 7,855 per quintal in 20,470 lots.

Marketmen attributed persistent rise in coriander to pick-up in demand at spot market amid tight supplies from growing regions.

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