Coriander futures down on fall in demand
At the Multi Commodity Exchange, coriander for delivery in May fell by Rs 106 to Rs 6,771 per quintal with an open interest of 18,220 lots.
By PTI |
NEW DELHI: Coriander prices fell by Rs 106 to Rs 6,771 per quintal in futures trade today on subdued spot market demand against excess supplies.
The falling trend further supported by profit booking by the traders at higher levels.
At the Multi Commodity Exchange, coriander for delivery in May fell by Rs 106, or 1.54 per cent, to Rs 6,771 per quintal with an open interest of 18,220 lots.
The spice of May delivery declined by Rs 101, or 1.45 per cent, to Rs 6,880 per quintal, with open interest of 22,850 lots.
Market analysts said besides profit-booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.
The falling trend further supported by profit booking by the traders at higher levels.
At the Multi Commodity Exchange, coriander for delivery in May fell by Rs 106, or 1.54 per cent, to Rs 6,771 per quintal with an open interest of 18,220 lots.
The spice of May delivery declined by Rs 101, or 1.45 per cent, to Rs 6,880 per quintal, with open interest of 22,850 lots.
Market analysts said besides profit-booking by speculators at existing higher levels, sluggish demand in the spot market led to the fall in coriander futures prices.
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