Coriander futures slip over 3 pc

NEW DELHI: Coriander prices plummeted by Rs 206 to Rs 6,488 per quintal in futures trading today as speculators reduced positions following adequate stocks in the spot market and fall in export.

Marketmen said slid in export demand and mounting stocks in physical markets mainly pulled down coriander prices here in future markets.

At the National Commodity and Derivatives Exchange, coriander for current May contract slipped by Rs 206, or 3.08 per cent, to Rs 6,488 per quintal, with an open interest of 6,360 lots.

Near June contract plunged by Rs 209, or 3.08 per cent, at Rs 6,585 per quintal, having an open interest of 33,470 lots.