Coriander futures gain 1.07% on spot demand
Coriander prices gained 1.07 per cent to Rs 5093 per quintal in futures trade today as speculators enlarged their positions.
By PTI | Updated:
NEW DELHI: Coriander prices gained 1.07 per cent to Rs 5093 per quintal in futures trade today as speculators enlarged their positions, driven by rising demand in the spot market against tight supply.
At the National Commodity and Derivative Exchange, coriander for delivery in December month rose by Rs 54, or 1.07 per cent to Rs 5093 per quintal with an open interest of 25,430 lots.
Similarly, the spice for delivery in January contract edged up by Rs 50, or 0.97 per cent to Rs 5204 per quintal in 17,290 lots.
Market analysts said increased buying by speculators following rising demand in the spot market against restricted arrivals from producing region, mainly led to rise in coriander prices at futures market.
At the National Commodity and Derivative Exchange, coriander for delivery in December month rose by Rs 54, or 1.07 per cent to Rs 5093 per quintal with an open interest of 25,430 lots.
Similarly, the spice for delivery in January contract edged up by Rs 50, or 0.97 per cent to Rs 5204 per quintal in 17,290 lots.
Market analysts said increased buying by speculators following rising demand in the spot market against restricted arrivals from producing region, mainly led to rise in coriander prices at futures market.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Nearly 1,000 kg fake chilli, garam masala, turmeric and coriander found in Delhi’s Khari Baoli, Asia’s largest wholesale spice market2026-05-27T07:08:20Z- Not just tomatoes; coriander, ginger, garlic, and even chillies are burning consumers' kitchen budgets2023-07-18T08:26:00Z
- Coriander futures decline on low demand2021-09-20T11:05:08Z
ADVERTISEMENT
