Coriander rises 1.25 pc on spot demand, tight supplies

Press Trust of India  |  New Delhi 

Coriander prices were trading up by 1.25 per cent to Rs 4,510 per quintal in futures trade today as participants indulged in enlarging positions amid rising spot demand.

Further, from major producing regions fuelled the uptrend.


At the National Commodity and Derivatives Exchange, coriander for current month contract rose Rs 56, or 1.25 per cent, to Rs 4,510 per quintal with an open interest of 15,830 lots.

On similar lines, the spice for delivery in November traded higher by Rs 51, or 1.04 per cent, to Rs 4,948 per quintal, with an open interest of 25,490 lots.

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

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, October 03 2017. 13:22 IST