Coriander futures trade lower on subdued demand

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Coriander futures traded lower on NCDEX as speculators cut down their bets on the back of subdued demand in the spot market. Further, rising arrivals from major growing belts also influenced coriander futures.

The contract for October delivery was trading at Rs 7522.00, down by 1.39% or Rs 106.00 from its previous closing of Rs 7628.00. The open interest of the contract stood at 14290.00 lots.

The contract for November delivery was trading at Rs 7450.00, down by 0.94% or Rs 71.00 from its previous closing of Rs 7521.00. The open interest of the contract stood at 530.00 lots on NCDEX.

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