Coriander futures remain higher as demand picks up
At the NCDEX, coriander for delivery in May gained Rs 93, or 1.23 per cent to Rs 7,630 per quintal with an open interest of 36,390 lots.
By PTI | Updated:
NEW DELHI: Coriander remained higher and prices rose further by Rs 93 to Rs 7,630 per quintal in futures market today as speculators enlarged their positions, tracking a firm trend at spot market on strong demand amid lower arrivals from producing belts.
At the National Commodity and Derivative Exchange, coriander for delivery in May gained Rs 93, or 1.23 per cent to Rs 7,630 per quintal with an open interest of 36,390 lots.
Likewise, the spice for delivery in April traded higher by Rs 67, or 0.90 per cent to Rs 7,510 per quintal in 3,410 lots.
Market experts said speculators enlarged their position, tracking a firm trend at spot market on strong demand against restricted arrivals from producing belts, mainly led an upsurge in coriander prices.
At the National Commodity and Derivative Exchange, coriander for delivery in May gained Rs 93, or 1.23 per cent to Rs 7,630 per quintal with an open interest of 36,390 lots.
Likewise, the spice for delivery in April traded higher by Rs 67, or 0.90 per cent to Rs 7,510 per quintal in 3,410 lots.
Market experts said speculators enlarged their position, tracking a firm trend at spot market on strong demand against restricted arrivals from producing belts, mainly led an upsurge in coriander prices.
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