Coriander futures edge lower on sluggish demand

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Coriander futures edged lower on NCDEX as speculators trimmed their positions, tracking sluggish demand in the spot market. Besides, ample stocks position following higher supplies from major producing belts also fuelled the downtrend.

The contract for October delivery was trading at Rs 7480.00, down by 1.01% or Rs 76.00 from its previous closing of Rs 7556.00. The open interest of the contract stood at 14220.00 lots.

The contract for November delivery was trading at Rs 7400.00, down by 0.59% or Rs 44.00 from its previous closing of Rs 7444.00. The open interest of the contract stood at 590.00 lots on NCDEX.

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